{"iri":"https://folio.openlegalstandard.org/R9HPXBgZpsNyy2AbQLv1rLG","label":"Out-of-Court Restructuring","sub_class_of":["https://folio.openlegalstandard.org/R7LI3BONqNkXbKHKa0t3jyI"],"parent_class_of":["https://folio.openlegalstandard.org/R7yULiuUW6FwlVvfIPt13We","https://folio.openlegalstandard.org/RBzBDWMpZCOFGTjRpx1wKEH","https://folio.openlegalstandard.org/RgHKgBYfidbNNddNK2ube4"],"is_defined_by":null,"see_also":["https://folio.openlegalstandard.org/R7Jo3gp8LjhpdJNXYE9ow95"],"comment":null,"deprecated":false,"preferred_label":"Workout Restructuring","alternative_labels":["Out-of-Court Restructuring","Workouts","OOCRSTR"],"translations":{"en-gb":"Out-of-Court Restructuring","es-es":"Reestructuración extrajudicial","es-mx":"Reestructuración extrajudicial","de-de":"außergerichtliche Restrukturierung","pt-br":"reestruturação extrajudicial","fr-fr":"restructuration extrajudiciaire","he-il":"מתן חוזים חוץ מגירעון להיערכות מחדש","hi-in":"आउट-ऑफ-कोर्ट रीस्ट्रक्चरिंग","zh-cn":"法院外重组","ja-jp":"裁判所外再編"},"hidden_label":"OOCRSTR","definition":"An out-of-court restructuring or workout is a nonjudicial process through which a financially troubled company and its significant creditors reach an agreement for adjusting the company's obligations.","examples":[],"notes":[],"history_note":null,"editorial_note":null,"in_scheme":null,"identifier":"B-OOCRSTR","description":null,"source":null,"country":null}