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Glossary > F > "Fair-and-equitable test" Definition

Fair-and-equitable test

A set of requirements for a plan of reorganization to be approved by the bankruptcy court.

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Fair-and-equitable test - A set of requirements for a plan of reorganization to be approved by the bankruptcy court.

Fair-and-equitable test : a set of requirements for a plan of reorganization to be approved by the bankruptcy court.