Scheme of arrangement: Difference between revisions
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imported>Doug Williamson (Add links.) |
imported>Doug Williamson (Add link.) |
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* [[Restructuring]] | * [[Restructuring]] | ||
* [[Restructuring plan]] | * [[Restructuring plan]] | ||
* [[Sanction]] | |||
[[Category:Corporate_finance]] | [[Category:Corporate_finance]] | ||
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.
