Chapter 11 Plan of Reorganization (Secured Debt for Equity Exchange, Unsecured Claims Unimpaired) | Practical Law

Chapter 11 Plan of Reorganization (Secured Debt for Equity Exchange, Unsecured Claims Unimpaired) | Practical Law

This is a standard form of Chapter 11 plan of reorganization to be used when a class of secured creditors has agreed to exchange all or a portion of its debt for equity and pay general unsecured creditors in full. This form of "gift plan" is typically prepackaged or prenegotiated. This Standard Document has integrated notes with important explanations and drafting and negotiating tips. It also has optional clauses that can be selected for use in a prepackaged or pre-negotiated Chapter 11 case.

Chapter 11 Plan of Reorganization (Secured Debt for Equity Exchange, Unsecured Claims Unimpaired)

by Practical Law Bankruptcy & Restructuring
MaintainedUSA (National/Federal)
This is a standard form of Chapter 11 plan of reorganization to be used when a class of secured creditors has agreed to exchange all or a portion of its debt for equity and pay general unsecured creditors in full. This form of "gift plan" is typically prepackaged or prenegotiated. This Standard Document has integrated notes with important explanations and drafting and negotiating tips. It also has optional clauses that can be selected for use in a prepackaged or pre-negotiated Chapter 11 case.