Section 1129(a) of the Bankruptcy Code contains several requirements that a Chapter 11 debtor must satisfy to confirm a consensual plan of reorganization. Among other things, each impaired class of claims must accept the plan under section 1129(a)(8); otherwise, a debtor must resort to more onerous cramdown provisions. See 11 U.S.C. § 1129(a)(8), (b). A creditor class accepts a plan when creditors holding at least two-thirds in amount and a majority in number of allowed claims accept the plan. 11 U.S.C. § 1126(c). Bankruptcy Rule 3018 defines both “acceptance” and “rejection.” Rule 3018 provides that acceptance or rejection of a plan shall: be made in writing; identify the plan accepted or rejected; be signed by the creditor or equity security holder; and conform to the appropriate official form. Fed. R. Bankr. P. 3018(c).
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