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Thus, in many cases reorganization committees may have been able to influence the courts in the setting of upset prices. By encouraging the courts to set lower upset values, they could all but force the railroad's investors to the negotiation table.
25 Samuel Spring, "Upset Prices in Corporate Reorganizations," Harvard Law Review 32 (March 1919): 500.
See also Samuel Spring, "Upset Prices in Corporate Reorganizations," 493; Joseph Weiner, "Conflicting Functions of the Upset Price in a Corporate Reorganization," 137; Arthur S.