Cram-Up Plans of Reorganization Become More Common (Volume 37, Number 11–November 2021)
Author: Stephen B. Selbst.
Source: Volume 37, Number 11, November 2011 , pp.139-150(12)
Abstract:
Cram-up plans occur when a bankruptcy court confirms a Chapter 11 plan over the objection of a class of secured claims. The author discusses leading cases involving such plans, and the various strategies debtors have used to propose and confirm them.Keywords: Sections 1124 and 1129 of the Bankruptcy Code; Reinstatement; Charter Communications; Young Broadcasting, Inc.; Ultra Petroleum Corp.; “Fair and Equitable” Plans; DBSD North America, Inc.; RadLAX Gateway Hotel, LLC; Dirt-for-Debt Plans
Affiliations:
1: Herrick, Feinstein LLP.