Chapter7: Corporations: Reorganizations
Section: Chapter Questions
Problem 5DQ
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1.what are the advantages of a formal reorganization under chapter11?
2.what are some recent trends regarding absolute versus relative priority doctrines?
3.How do courts assess the fairness and feasibility of reorganization plans?
4.give two reasons stockholders might be indiffenrent between owning the stock of a firm with volatile cash flows and that of a firm with stable cash flows.
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