Practice question
A viable debtor’s plan projects greater present-value creditor recovery as a going concern than immediate liquidation. Which FRIA concept most directly fits, if the statutory feasibility showing is made?
- Automatic criminal acquittal
- A gift to shareholders
- Permanent immunity from creditors
- A bank closure order
- Rehabilitation
Legal references
- https://lawphil.net/statutes/repacts/ra2010/ra_10142_2010.html — RA 10142, sections 2–5
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