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Best interests of creditors test |
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Best interests of creditors testThe requirement that a claim holder voting against a plan of reorganization must receive at least as much as if the debtor were liquidated.Best interests of creditors test Similar MatchesCreditors committeeCreditors committeeA group representing firms that have claims on a company facing bankruptcy or extreme financial difficulty. CreditorsCreditorsPeople or companies who are owed money by debtors. |
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