Scheme of arrangement: Difference between revisions
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''Insolvency law.'' | 1. ''Insolvency law.'' | ||
An | |||
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. | |||
== See also == | == See also == | ||
* [[Corporate Insolvency and Governance Act]] | |||
* [[Insolvency]] | * [[Insolvency]] | ||
* [[Merger]] | * [[Merger]] | ||
* [[Restructuring]] | |||
* [[Restructuring plan]] | |||
* [[Sanction]] | |||
[[Category:Corporate_finance]] | |||
[[Category:Long_term_funding]] | |||
[[Category:Compliance_and_audit]] | |||
[[Category:Manage_risks]] | |||
[[Category:Risk_frameworks]] | |||
Latest revision as of 16:26, 1 November 2021
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.
