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''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. | |||
== See also == | |||
* [[Insolvency]] | |||
* [[Merger]] | |||
Revision as of 14:20, 23 October 2012
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.
See also
