absolute priority rule
A rule invoked by a bankruptcy court during the liquidation of the assets of a business, especially when the business files a bankruptcy petition that [...]
workout
A method of debt restructuring that operates outside insolvency law, it relying on negotiations between the debtor and, generally, the lead creditors [...]
Chapter 13 bankruptcy
A form of bankruptcy under the US Bankruptcy Code that enables individuals with regular income to develop a plan to repay all or part of their debts t [...]
standstill
A temporary generally voluntary stay on legal action by creditors against the debtor following a breach of the financial terms of a debt contract betw [...]
insolvency processes
Informal processes not regulated by insolvency law and generally involving negotiation between an insolvent debtor and some or all of its creditors, r [...]
standstill subordination
The contractual subordination of debt such that the junior lender may not receive or accept any payment from the borrower and is obligated to stand st [...]
