Absolute Priority Rule: Your Chapter 11 Creditor Handbook
Meta Description: The Absolute Priority Rule (APR) is the bedrock of distribution in Chapter 11. This essential guide for creditors decodes the APR (11 U.S.C. § 1129(b)(2)), detailing the exact creditor payment hierarchy and the critical exceptions that can impact your recovery. The filing of a Chapter 11 bankruptcy petition by a debtor—whether a large […]