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The best interests of creditors testrequires thatdebtor must demonstrate that the chapter 11 plan can be effectuated and if it is confirmed the debtor will

The "best interests of creditors test"requires thatdebtor must demonstrate that the chapter 11 plan can be effectuated and if it is confirmed the debtor will not be likely to end up in chapter 11 again in the near future.

True

False

The rule that claims of senior classes must be paid in full with post-confirmation interest, or no junior creditor or equity security classes can receive or retain any property on account of their claims or interests is the "absolute priority rule."

True

False

The __________________________ must containinformation that a reasonable investor typical of holders of claims and interests would require to make an informed judgment in voting on the plan.

disclosure statement

plan of reorganization

involuntary petition

cash collateral motion

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