Out-Of-Court Reorganization Agreement
Out-of-Court Reorganization Agreement: An Overview An out-of-court reorganization agreement is a legal contract signed between a debtor and its creditors to restructure debt outside the purview of a formal bankruptcy proceeding. The agreement aims to reduce debt, streamline operations, and return the company to profitability. In most cases, an out-of-court reorganization agreement is a… Czytaj dalej Out-Of-Court Reorganization Agreement