Law Dictionary

cramdown

noun cram·down \ˈkram-ˌdau̇n\

Legal Definition of cramdown

  1. 1 :  a bankruptcy court's approval of a Title 11 bankruptcy plan against the wishes of some creditors Editor's note: A plan may be approved despite the rejection of creditors if the plan is deemed to be fair and equitable and not unfairly discriminatory in accordance with Title 11, section 1129(b).

  2. 2 :  a Chapter 13 bankruptcy court's modification of the terms of a loan against the wishes of a creditor

Origin and Etymology of cramdown

from the idiom cram something down someone's throat “to force someone to accept something”


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