Unimpaired | Practical Law

Unimpaired | Practical Law

Unimpaired

Unimpaired

Practical Law Glossary Item 7-500-6649 (Approx. 2 pages)

Glossary

Unimpaired

Also known as unimpaired class. A class of creditors whose legal, equitable, or contractual rights are not modified in any way by a plan of reorganization, under which they are paid in full. Unimpaired classes are not entitled to vote on the plan and are deemed to automatically accept it.