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composition of creditors

Defined in 1 dictionary — Case Law

Definitions from Case Law

From 379 U.S. 594 - Securities & Exchange Commission v. American Trailer Rentals Co. · 1965Most cited · 280 citing opinions

Chapter XI is a statutory variation of the common-law composition of creditors and, unlike the broader scope of Chapter X, is limited to an adjustment of unsecured debts.