Scheme of arrangement: Difference between revisions
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imported>Doug Williamson m (Spacing 20/8/13) |
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''Insolvency law.'' | ''Insolvency law.'' | ||
An agreeement between a financially distressed company and its creditors or members to effect a merger or a restructuring, which requires the sanction of the court. | An agreeement between a financially distressed company and its creditors or members to effect a merger or a restructuring, which requires the sanction of the court. | ||
== See also == | == See also == | ||
* [[Insolvency]] | * [[Insolvency]] | ||
* [[Merger]] | * [[Merger]] | ||
Revision as of 11:59, 20 August 2013
Insolvency law.
An agreeement between a financially distressed company and its creditors or members to effect a merger or a restructuring, which requires the sanction of the court.
