His determination to cram down
their throats, or put "bodily into their souls" his own words, elicits a cry of horror from Socrates.
I am an old man, and I tell you here, sire, to you, my king, things which I would cram down
the throat of any one who should dare to pronounce them before me.
This fact helps to explain why there is no readily apparent Chapter 13 "cram down
market rate of interest": Because every cramdown loan is imposed by a court over the objection of the secured creditor, there is no free market of willing cramdown lenders.
"We have no intention of any sort of liquidation, cram down
or write off.
The ability to bind minorities within a specific class of creditors or members is sometimes referred to as a 'cram down
Claimants in the other bankruptcies that have settled have signed on to the settlements, but in the Milwaukee case claimants are adamantly opposed, leaving open the possibility of a "cram down
," a term used in bankruptcy court to describe an imposed rather than mutually accepted agreement.
In a process known as the "cram down
," such restructuring actually can be forced on the secured creditor.
Finally, in the more complicated cram down
or lien strip case, where the lien strip or cram down
is not fully effectuated until discharge, additional billing statement challenges may arise.
Not Lane Weinholz's carabineers and big hands--he calls rock-climbing "reverse-mining." All the Up There we cram Down
They aided in facilitating a 50% cram down
of the payoff quote, and offered the investor a $1 million loan.
When it took two men to cram down
the safety bar on a roller coaster at Alton Towers, I forced a smile.
In those situations, bankruptcy may be needed to bind the minority dissident lenders through the plan voting process, or to cram down
the "out of the money" lender tranche.