Examlex
Draw two resonance structures of the reactive intermediate that accounts for the formation of 1,2- and 1,4-addition products upon reaction of 1,3-butadiene with one equivalent of bromine.
Preferential Lien
A lien that gives the creditor the right to be paid before other creditors if the debtor defaults or assets are liquidated.
Existing Debt
Financial obligations or loans that a person or entity is currently responsible for.
Cram Down
When the court forces dissenting creditors whose claims would be impaired by a proposed plan to accept the plan when the court can find that it is fair and equitable to the class of creditors whose claims are impaired.
Reorganization Plan
A document detailing the process of reconfiguring a company's structure and operations, typically as part of bankruptcy proceedings.
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