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The debtor's proprietors can not retain possession dependant on equity interests unless all obligations are paid out in complete, both promptly upon program confirmation or with time with interest, or perhaps the owner contributes "new cash" to pay for reorganization expenditures. Otherwise, equity holders eliminate all possession legal rights upon

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Below selected conditions, the Code permits a courtroom to verify a system above a creditor's dissent. This non-consensual affirmation is named a "cram-down" as well as Code calls for the debtor to indicate the approach “isn't going to discriminate unfairly, and it is truthful and equitable, with regard to each class of promises or passions w

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