administrative convenience exception

administrative-convenience exception. Bankruptcy. A provision permitting a bankruptcy plan to have a separate classification for small, unsecured claims, to the extent that the separate classification will assist in a more efficient disposition of the estate, as by paying or eliminating the small claims earlier than other claims. 11 USCA § 1122(b). [Cases: Bankruptcy 3550. C.J.S. Bankruptcy § 386.]
专业法律词汇 词条贡献者
法律翻译Peter,毕业于一所旨在培养高级翻译专业人才的翻译院校,专注翻译各类与能源与矿业有关的法律文件。
Scroll to Top