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  • Wall Street Breakfast: Must-Know News [View article]
    I fail to see how the notion of a mortgage "cramdown" is bad policy in an individual BK, but has been part of corporate BK proceedings for years. Contracts are "impaired" in either scenario, no? Might not a BK judge be a pricing mechanism for defaulted loans?
    May 01 15:25 pm |Rating: 0 0 |Link to Comment
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