suspension of payment
A court-ordered temporary stay on a debtor’s payment of its debt for the purpose of avoiding bankruptcy in favor of debt restructuring. [...]
prepackaged bankruptcy
A hybrid form of a distressed debt restructuring that combines the features of both traditional Chapter 11-style reorganization and out-of-court restr [...]
Chapter 7 bankruptcy
The bankruptcy process under the US Bankruptcy Code where the bankruptcy trustee gathers and sells (liquidates) the debtor's nonexempt assets and uses [...]
fraudulent conveyance
The transfer of real or personal property to a third party with the goal to delay, defraud or keep a present or future creditor from obtaining the pro [...]
cash-flow insolvency
The financial condition of a company when it is unable to pay its debts as they mature and come due for payment in the ordinary course of business. [...]
debtor-in-possession financing
Funding that is offered by banks to distressed firms in a Chapter 11 style-reorganization in order to finance the operations during the restructuring [...]
