Cram Down Effect

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1. What forms the basis of creditors’ votes under Section 64? Multiple Choice Easy
2. Nine members of a class hold P1 million in total claims and favor the plan. One member holds the remaining P9 million a… Multiple Choice Medium
3. All adversely affected classes approve under Section 64. An entirely unaffected class objects and says its rejection ne… Multiple Choice Medium
4. A court confirms a plan after reading creditor comments but the receiver never convened a vote. The debtor calls the co… Multiple Choice Hard
5. A plan otherwise lawfully qualifies for confirmation and its terms are necessary to restore the juridical debtor’s viab… Multiple Choice Hard
6. A class has P20 million in total registered claims. Twelve small creditors holding P8 million favor the plan, while two… Essay Hard
7. A receiver never convenes creditors to vote but submits their opposition papers with a plan and asks the court to exerc… Essay Hard
8. After lawful confirmation, a creditor insists every original contract term overrides the plan, while the debtor says ev… Essay Hard