Tagged
#restructuring
2 entries filed under this tag.
Playing the rules, not breaking them
A listed company used two common-law jurisdictions and a public holiday to buy itself breathing room its creditors did not want to give. After a decade in the industry, I am no longer sure it was the worst actor in the story.
Structure for the dispute, not only the closing
A deal should still make sense when obligations are tested and the people reading the documents were not in the room.