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- Title
FAIR EQUIVALENTS AND MARKET PRICES: BANKRUPTCY CRAMDOWN INTEREST RATES.
- Authors
Markell, Bruce A.
- Abstract
The article focuses on the purposes and policies of cramdown interest rates with the decision of district court in the case In re MPM Silicones, LLC with the Section 1129(a) of the U.S. Bankruptcy Code. It mentions ability to confirm a plan by persuading classes of stakeholders to vote to adopt the plan as proponent need not convince every creditor or stakeholder. It also mentions bankruptcy reorganization compel creditors to trade and debt instruments may morph into equity interests.
- Subjects
INTEREST rates; UNITED States. Bankruptcy; STAKEHOLDERS; DEBTOR &; creditor; BANKRUPTCY reorganization
- Publication
Emory Bankruptcy Developments Journal, 2016, Vol 33, Issue 1, p91
- ISSN
0890-7862
- Publication type
Article