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Business Reorganization

Cramdown Must Not Put the Secured Creditor at Risk, Ninth Circuit BAP Says

Permanently reducing the claim by the appraised value without a backstop means the creditor isn’t receiving the ‘indubitable equivalent,’ BAP says.
Court: 
9th Circuit

House Approves, Trump Signs Coronavirus Stimulus into Law with Provisions Providing Greater Access to Bankruptcy Relief for Consumers and Small Businesses

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