A plan for reorganization under Chapter 11 does not have to meet which of the following requirements to be confirmed by the court?

Question

Quizplus · Accepted Answer

A plan for reorganization under Chapter 11 typically requires approval by creditors. However, a plan may still be confirmed by the court even if it does not have the support of all creditors, as long as it meets the requirements of good faith and feasibility. Cash payments may or may not be required, depending on the specifics of the plan.

A Plan for Reorganization Under Chapter 11 Does Not Have