Topic
Cram Down
19 published works
Restructuring Globalview
Bankruptcy Court Leaves Parties Guessing on Cram-Down Interest Rate
Parties continue to skirmish over the sufficiency of the “cram-down” interest rate required to confirm a Chapter 11 plan over a secured lender’s objection. Currently bankruptcy courts will give some…
Plan Proponent
ABI Commission Report – Cramdown Interest Rates
This is the next post in Plan Proponent’s series on the confirmation-related recommendations in the ABI Commission Report (and, in particular, its Exiting the Case piece). In this post, we'll cover the Commission's recommendations regarding Section 1129(b)(2)(A) and…
Bankruptcy Report
Absolute Priority Rule Prevents Cram Down in In re RAMZ Real Estate Co., LLC
By Dustin Smith
In a May 9, 2014 decision, Chief Judge Morris of the United States Bankruptcy Court for the Southern District of New York held that a Chapter 11 bankruptcy plan proposed…
Bankruptcy Law Insights
Sbarro and Quiznos Serve Up Prepackaged “Cramdown” Plans
By Ben Feder
The chapter 11 filings this month of Sbarro and Quiznos share many similarities. Both companies are looking to survive in a difficult sector of a tough industry. Both were forced to…
Texas Bankruptcy Blog
Cram Down a Vehicle in Chapter 13
By Bryan Fears
While some Americans are able to get by without a personal vehicle, having reliable transportation is necessary to most. Whether it is a means to get to work or to…
Texas Bankruptcy Blog
Cram Down Dance During Chapter 13 Bankruptcy
By Bryan Fears
“Cram down” is lawyer-speak for a bankruptcy court reducing a secured interest to the value of the property. For instance, if a bass boat is worth $2,000 and there is…
Texas Bankruptcy Blog
Lien Stripping and Cram-Down in Chapter 13 Bankruptcy
By Bryan Fears
When an individual chooses to file a Chapter 13 bankruptcy, debts are repaid over three to five years. The debtor pays unsecured creditors (e.g. medical bills, credit cards, etc.) whatever…
Bankruptcy Law Insights
Second Circuit Stays DBSD North America Plan
By Ben Feder
The chapter 11 case of DBSD North America, Inc. (“DBSD”), f/k/a ICO North America, has been marked by aggressive tactics and extreme positions from its commencement. DBSD, a non-operating satellite communications company,…
Bankruptcy Litigation Blog 2.0
Bankruptcy Tweets for the Week Ending 4/4/2010
No shortage of interesting cases. Here are a few that I posted on Twitter this past week. RSS Feeds are also available TX Dist. Ct. affirms decision requiring debtor to pay…