Examlex
The 1994 amendments allow the creditors to elect a trustee in a Chapter 11 proceeding if the court orders the appointment of a trustee for cause.
Utility Function
An economic model that represents a consumer's preference ranking for various bundles of goods by assigning a utility value to each bundle.
Pareto Optimal Allocation
A distribution of resources in an economy where improving the situation of one person necessitates detriment to another.
Utility Function
A mathematical representation of how a consumer ranks different bundles of goods based on their level of satisfaction or utility.
Endowed
Refers to the initial allocation of goods, resources, or wealth an individual or entity possesses.
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