QC and Scheme of arrangement: Difference between pages
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imported>Doug Williamson (Create page - source - The Treasurer - 2022 Issue 4 - p35.) |
imported>Doug Williamson (Add second definition.) |
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1. | 1. ''Insolvency law.'' | ||
An agreement between a financially distressed company and its creditors or members to effect a merger or a restructuring, which requires the sanction of the court. | |||
2. | 2. | ||
A similar agreement, for a company which is not necessarily financially distressed. | |||
==See also== | == See also == | ||
*[[ | * [[Insolvency]] | ||
*[[ | * [[Merger]] | ||
*[[ | * [[Restructuring]] | ||
[[Category: | [[Category:Corporate_finance]] | ||
[[Category: | [[Category:Long_term_funding]] | ||
[[Category: | [[Category:Compliance_and_audit]] | ||
[[Category:Manage_risks]] | [[Category:Manage_risks]] | ||
[[Category:Risk_frameworks]] | [[Category:Risk_frameworks]] | ||
Revision as of 20:12, 15 January 2018
1. Insolvency law.
An agreement between a financially distressed company and its creditors or members to effect a merger or a restructuring, which requires the sanction of the court.
2.
A similar agreement, for a company which is not necessarily financially distressed.
