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Author Question: Which of the following is a correct legal conclusion regarding Chapter 11 reorganization bankruptcy? ... (Read 65 times)

cmoore54

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on: Jun 24, 2018
Which of the following is a correct legal conclusion regarding Chapter 11 reorganization bankruptcy?
 A) Individuals, partnerships, and corporations in business may be reorganized.
 B) A plan for reorganization may be filed only by a committee of creditors.
 C) When a reorganization plan is confirmed by the court, the creditors can revert back to their original position if they are not satisfied with the plan.
 D) Individuals within a particular class of creditors can be treated differently if they object to the reorganization plan.

Question 2

A government regulation that deprives a landowner of use of her property:
 A)Is a taking that requires compensation.
 B)Is not a taking since the landowner still has title.
 C)Is a taking but no compensation is required.
 D)None of the above


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brittiany.barnes

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Reply #1 on: Jun 24, 2018
Answer to Question 1

A

Answer to Question 2

A


cmoore54

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Reply 2 on: Jun 24, 2018
Gracias!

vickybb89

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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