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Re: yesmistermorningstar post# 11792

Monday, 10/08/2012 11:05:15 AM

Monday, October 08, 2012 11:05:15 AM

Post# of 14551
Bankruptcy Code section 1129(b) provides that if a chapter 11 plan satisfies all applicable requirements of section 1129(a) other than section 1129(a)(8)’s requirement that all impaired classes accept the plan, the plan may be confirmed so long as it does not discriminate unfairly and it is fair and equitable with respect to each class of claims and interests that is impaired and has not accepted the plan.

Now here is the big question will or will he not order a cram down ?

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