Assertion: bankruptcy's creditor | /r/CapableOf | hold at least a majority
Facets:
Source sentences:
text: the municipality must be specifically authorized to be a debtor by state law or by a governmental officer or organization empowered by State law to authorize the municipality to be a debtor; the municipality must be insolvent, as defined in 11 U.S.C. § 101(32)(C); the municipality must desire to effect a plan to adjust its debts; and the municipality must either: obtain the agreement of creditors holding at least a majority in amount of the claims of each class that the debtor intends to impair under a plan in a case under chapter 9;
text: negotiate in good faith with creditors and fail to obtain the agreement of creditors holding at least a majority in amount of the claims of each class that the debtor intends to impair under a plan;