(英)债务整理方案

名词

neolog

scheme of arrangement

noun

Definitions of scheme of arrangement

a reorganisation of a company's capital structure or its debts which is binding on creditors once it has been approved by a particular majority and sanctioned by the court

The Court ruled that a company proposing a solvent scheme of arrangement with its creditors must provide each creditor with a list of the names and contact details of the other creditors.