30th Annual IBA Global Insolvency and Restructuring Conference
18 May - 20 May 2025
Session information
Description
This panel provides a deep dive into the complexities and controversies of cross-class cram down (CCCD), a polarising aspect of restructuring and insolvency law. Panellists will discuss the legal framework, the policy rationales and the practical challenges of a CCCD and its interplay with the absolute priority rule in different jurisdictions. The discussion will balance the benefits of this principle against its potential pitfalls and explore its use as a tool for facilitating consensual and value-maximising restructurings.