Law Dictionary

cramdown

noun cram·down \ ˈkram-ˌdau̇n \

legal Definition of cramdown

1 :a bankruptcy courtʼs approval of a Title 11 bankruptcy plan against the wishes of some creditors
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 :a Chapter 13 bankruptcy courtʼs modification of the terms of a loan against the wishes of a creditor

Origin and Etymology of cramdown

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


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