Cramdown
Cramdown is a reorganization plan that is mandated by the bankruptcy court and binding on all parties.
Definitions
According to Financial Management Theory and Practice by Eugene F. Brigham and Michael C. Ehrhardt (13th edition),
- Cramdown. Reorganization plans that are mandated by the bankruptcy court and binding on all parties.
Related concepts
- Financial management. A combination of enterprise efforts undertaken in order to procure and utilize monetary resources of the enterprise.
