The Section 1111(b) Election | Practical Law

The Section 1111(b) Election | Practical Law

This Practice Note discusses the section 1111(b) election, including its purpose, mechanics, and how it applies in both consensual and cramdown Chapter 11 plans. This Note also discusses strategic considerations in deciding whether to exercise the election.

The Section 1111(b) Election

Practical Law Practice Note 7-609-5507 (Approx. 20 pages)

The Section 1111(b) Election

by Practical Law Bankruptcy & Restructuring
MaintainedUSA (National/Federal)
This Practice Note discusses the section 1111(b) election, including its purpose, mechanics, and how it applies in both consensual and cramdown Chapter 11 plans. This Note also discusses strategic considerations in deciding whether to exercise the election.