+Article 14 1

Article 14 1

1.   The judicial or administrative authority shall take a decision on the valuation of the debtor's business only where a restructuring plan is challenged by a dissenting affected party on the grounds of either:

(a)

an alleged failure to satisfy the best-interest-of-creditors test under point (6) of Article 2(1); or

(b)

an alleged breach of the conditions for a cross-class cram-down under point (ii) of Article 11(1)(b).

1. Overview

,

1.1 References

1.2 Identified Requirements

1.3 Related Standards

2. Identified Requirements

Requirements

3. Related Standards

Standards