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47 articles found for Restructuring & Insolvency
The Companies Act 2016 provides three primary corporate rescue mechanisms: Corporate Voluntary Arrangement (CVA), Judicial Management (JM), and Schemes of Arrangement. A moratorium is a legal "shield" that prevents creditors...
Business rescue is a formal rehabilitation process designed to save "financially distressed" companies from liquidation. A general moratorium is triggered immediately, providing legal protection against creditor claims and asset seizures....
The Out-of-Court Workout (OCW) is a digital platform designed to restructure debts exceeding €10,000 owed to the Greek State, social security funds, and financial institutions. Eligible businesses can secure up...
The Out-of-Court Workout (OCW) is a purely digital process conducted through a specialized platform to settle debts with banks, the State, and social security funds. Successful applications grant a 90-day...
Guide to Pre-Packaged Insolvency for MSMEs in India
Jan 31, 2026The Pre-Packaged Insolvency Resolution Process (PIRP) is a "debtor-in-possession" model, allowing MSME owners to retain control of their business during restructuring. To be eligible, a business must be classified as...
CAMA 2020 Priority: The Companies and Allied Matters Act (CAMA) 2020 shifted Nigeria's insolvency framework from a "liquidate-first" approach to a "rescue-first" model. Moratorium Benefits: Corporate rescue tools like Administration...
The WHOA (Dutch Court Confirmation of Extrajudicial Restructuring Plans) allows companies to restructure debt without the consent of all creditors. A "cross-class cram-down" can bind dissenting classes of creditors to...