Identification
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.
Class Relationships
Sub Class Of
Parent Class Of 3
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
Class Hierarchy Visualization
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Additional Information
Metadata
Comment
None
Description
None
Notes
- • None
Editorial Information
History Note
None
Editorial Note
None
Deprecated
No
Source and Origin
No source or origin information available