JSC Bankruptcy Blog
To Chapter 7 and 13 offices calling us for Chapter 11 matters, or
referring to us, we again extend our thanks.
For your information, in Chapter 11 currently, where assets include
over-encumbered real estate, important issues for plan confirmation
under the "cramdown" provisions of 1129(b) continue to be:
(1) valuation of collateral, and
(2) interest rate on deferred payments, to prove "fair and equitable".
We are well prepared to address these issues. As you know, for
decades, our office has represented, on debtor or creditor side,
individuals, companies, institutions, and governmental entities. You
may continue to consult. Best regards.