Bankruptcy

A debt restructuring in which a creditor modifies the terms of debt financing to a distressed debtor and, in the process, grants a concession that it [...]

The contractual subordination of debt such that the borrower is premitted to make payment to the junior lender as long as no event of default exists u [...]

An entity in United States bankruptcy law who has filed a bankruptcy petition but remains in possession of property upon which a creditor has a lien o [...]

A consensual distressed-debt restructuring mechanism that enables the support of one class of creditors for a plan of reorganization to be used to mak [...]

A special modification to the contractual terms and conditions of a loan granted by the lender to a borrower facing financial difficulties in order to [...]

A distressed-debt restructuring in which an insolvent firm’s incumbent management remains in control of the company and is responsible for managing th [...]