feasibility standard

feasibility standard. Bankruptcy. The requirement that, to obtain bankruptcy-court approval, a Chapter 11 reorganization plan must be workable and have a reasonable likelihood of success. [Cases: Bankruptcy 3559. C.J.S. Bankruptcy § 393.]

---

词条贡献者

双语律师Philipp，国际知名法学院法律专业，擅长翻译各类与医疗保健相关诉讼相关的法律文件。