Thu 03/24/2022 11:40 AM
Relevant Items:
Link to Death Trap Search Using Reorg Restructuring Dataset
Link to Credit Cloud Portal
Analyzing information from Reorg’s restructuring dataset suggests debtors have been successful at encouraging claimholders to vote for a plan of reorganization using “death trap” provisions to threaten recoveries. A death trap provision makes proposed distributions to an impaired class conditioned upon the class as a whole voting to accept the plan. In many cases, if a death...
This article is an example of the content you may receive if you subscribe to a product of Reorg Research, Inc. or one of its affiliates (collectively, “Reorg”). The information contained herein should not be construed as legal, investment, accounting or other professional services advice on any subject. Reorg, its affiliates, officers, directors, partners and employees expressly disclaim all liability in respect to actions taken or not taken based on any or all the contents of this publication. Copyright © 2024 Reorg Research, Inc. All rights reserved.