Examples of Financial Restructuring in a sentence
Assets and liabilities (gross block, loans and equity), as on the date mentioned in the notification, have been considered by the Commission in line with the Financial Restructuring Plan (FRP), as approved by Government of Gujarat.
While Bolivia does not have a formal deposit insurance system, it has a Financial Restructuring Fund set up in December 2001 that acts as deposit insurance.
OVERVIEWSteve Ostrow is a Partner in the Financial Restructuring and Bankruptcy and the Real Estate and Finance groups.
Event of Default and Financial Restructuring Due to the liquidity constraints experienced by the Company subsequent to year end, the Company attempted to negotiate with the holders of the Secured Notes for temporary relief of the Company’s interest obligations due March 31, 2020, however, the parties were unable to reach a satisfactory agreement.
Without the Financial Restructuring, it is unlikely that SIHNV would have been in the financial position to offer this SIHNV Composition Plan and the Distribution Creditors would not have been able to receive the same (if any) recovery on their Claims against SIHNV.