Decoding the Absolute Priority Rule in Chapter 11 Bankruptcy
Meta Description: Understand the Absolute Priority Rule (APR) in Chapter 11 bankruptcy. Learn how Section 1129 governs creditor payment hierarchy, the “cramdown” mechanism, and critical exceptions like the New Value Doctrine for business reorganization. The Core Principle: Why Priority Matters in Reorganization For any party involved in a corporate bankruptcy—from a financial officer navigating the […]