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financial restructuring plan


Comparative law notes

In the context of financial or insolvency law: A financial restructuring is the reorganization of a business enterprise's assets and liabilities. The process is often associated with corporate restructuring, where the enterprise's overall organizational structure and its processes are revamped.

Definitions of financial restructuring plan

plan to significantly alter the capital structure of a company

The directors put forward a financial restructuring plan as part of the attempt to keep the company solvent.