1. What is the purpose of a prepackaged bankruptcy? Would a prepackaged bankruptcy be more likely to be used for a liquidation or a reorganization? 2. Why would some creditors be willing to...

1. What is the purpose of a prepackaged bankruptcy? Would a prepackaged bankruptcy be more likely to be used for a liquidation or a reorganization?

2. Why would some creditors be willing to subordinate their claims to the claims of other creditors?

May 26, 2022