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Course Details

Course Information
  • smart_display Format

    Live Online with Live Q&A

  • signal_cellular_alt Difficulty Level

    Intermediate

  • work Practice Area

    Bankruptcy

Date & Time
  • event Date

    Thursday, September 25, 2025

  • schedule Time

    1:00 p.m. ET./10:00 a.m. PT

  • timer Program Length

    90 minutes

Credit Information

  • This 90-minute webinar is eligible in most states for 1.5 CLE credits.

Early Bird Pricing!
MSRP
$297.00
$247.00
Save $50.00

Discount expires 8/8/25

This course is $0 with these passes:

CLE
ALL

This CLE course will instruct bankruptcy attorneys about creating and opposing "cram-up" Chapter 11 plans under which the plan is accepted by junior creditors and then crammed up on senior objecting creditors.

Description

Cram up is an approach to deal with dissenting secured lenders who prefer a quick sale of assets, sometimes at the expense of most other stakeholders. It usually involves restructuring and reinstating the debt under Bankruptcy Code Section 1124 or providing the "indubitable equivalent" of the lender's claim under Section 1129(b).

Strategies to pursue and timing depend on many factors, such as the general economic environment, interest rates, the debtor/borrower's covenant package, and what type of defaults exist. The parties often vigorously litigate the existence of any non-curable defaults unrelated to the borrower's financial conditions.

Listen as this panel of experienced bankruptcy attorneys discusses the strategies and the mechanics of cram up in Chapter 11 cases and recent cases using this strategy.

Outline

I. Cramdown vs. cram up

II. Relevant Bankruptcy Code provisions

III. Terms of cram up plans

VI. How to determine if cram up is feasible

V. Recent cases

Benefits

The panel will review these and other significant issues:

  • What are the best ways to plan for cram up before filing?
  • What covenants may make it impossible to effect cram up?
  • What constitutes the "indubitable equivalent" of a creditor's interests?