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Best interests of creditors test

• The requirement that a claim holder voting against a plan of reorganization must receive at least as much as he would have if the debtor were liquidated.

 
 

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 Reorganization
 
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A new idea is delicate. It can be killed by a sneer or a yawn; it can be stabbed to death by a joke or worried to death by a frown on the right person's brow. - Charles Brower

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