Statutory Invalidation Of Unvested Sweat Equity Under Absolute Priority Rule Cramdowns
Senior creditors cram down reorganization plans by cancelling unvested sweat equity because future services do not constitute money or money worth.
Senior creditors cram down reorganization plans by cancelling unvested sweat equity because future services do not constitute money or money worth.
The terms are written where they belong. Each field holds three desks, and every entry a desk writes raises the terms it uses, each term given a meaning, a mechanism and the places it appears. The record on these pages stays first person and hand made; the fields grow the nomenclature.