BANKRUPTCY - CORPORATE REORGANIZATION - ABSOLUTE PRIORITY RULE

Authors

Kenneth J. Nordstrom, University of Michigan Law SchoolFollow

Abstract

-A plan for reorganization under section 77B of the Bankruptcy Act involved a debtor holding company and two subsidiaries. Each subsidiary had a bonded indebtedness which, including unpaid accrued interest, was in excess of the value of assets that were s

Recommended Citation

Kenneth J. Nordstrom, BANKRUPTCY - CORPORATE REORGANIZATION - ABSOLUTE PRIORITY RULE, 39 Mich. L. Rev. 1222 (1941).
Available at: https://repository.law.umich.edu/mlr/vol39/iss7/12