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Philippine Bar review · Question

Practice question: Cram Down Effect

Essay Hard

Practice question

After lawful confirmation, a creditor insists every original contract term overrides the plan, while the debtor says every original term disappears and a new untreated post-approval claim is automatically stayed. Apply Section 69.

Legal references

  • RA 10142 (FRIA), Sections 4, 7, 9, 17-18, 31-35, 64-70 and 115-121: https://lawphil.net/statutes/repacts/ra2010/ra_10142_2010.html

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