When a plan of reorganization alters the contractual rights of a class of holders of claims, that class is deemed to be impaired. A class that is unimpaired is deemed to automatically accept a plan of reorganization.
Barry Goldsmith
| APA | Barry Goldsmith. (2010). impairment. Retrieved September 24, 2026, from http://smartdefine.org/impairment/definitions/1155754 |
| Chicago | Barry Goldsmith. 2010. "impairment" http://smartdefine.org/impairment/definitions/1155754 (accessed September 24, 2026). |
| Harvard | Barry Goldsmith 2010, impairment, Smart Define, viewed 24 September, 2026, <http://smartdefine.org/impairment/definitions/1155754>. |
| MLA | Barry Goldsmith. "impairment" 21 October 2010. Web. 24 September 2026. <http://smartdefine.org/impairment/definitions/1155754> |