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Confirmation of a plan of reorganization over the objections of one or more classes of creditors.
Cramdown (Wikipedia)
A cram down or cramdown is the involuntary imposition by a court of a reorganization plan over the objection of some classes of creditors.
Cramdown (Wiktionary)
English
Etymology
cram + down
Noun
cramdown (plural cramdowns)
- (law) A court settlement in bankruptcy in which creditors receive less than they were
