Best Interests of Creditors Test

Best Interests of Creditors Test
Stipulation that claim holders voting against a reorganization plan must get (at least) as much, in the event of liquidation, as the debtors get.

Related posts:

  1. Notice to Creditors
  2. Fair-and-Equitable Test
  3. Pooling of Interests
  4. Asset-Coverage Test
  5. Acid-test Ratio

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