Restructuring
Measures concerning assets, liabilities, capital or operations intended under the ReO to avert insolvency and secure viability.
Section 1 ReO defines restructuring as changes to assets, liabilities, capital structure or operations, including combinations of those measures. Restructuring proceedings are commenced on the debtor's application and are intended to avert insolvency and secure viability.
Restructuring under the ReO must be distinguished from reorganisation proceedings under the IO and from opened insolvency proceedings. A restructuring plan describes measures but is not the whole proceedings. The reorganisation and restructuring topic hub explains the available routes.
More information
General guidance, not advice on an individual matter.
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Restructuring plan
The plan translating an intended restructuring under the ReO into concrete measures and treatment of affected creditors.
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Reorganisation proceedings
Insolvency proceedings designated as reorganisation proceedings when the conditions of section 167 IO are met.
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Reorganisation administrator
The court-appointed insolvency administrator who supervises the debtor's administration in self-administered reorganisation proceedings.
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