Turnaround ADR (2) ~ rescue financing and disclosure ~
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- Publication
- RESTRUCTURING & INSOLVENCY NEWSLETTER (Vol.7)
- Language
- English
- Author
- Ryo Kawabata Tomoya Kitayama
- Related Practice Areas
- Finance Bankruptcy/Restructuring International Practice
- Download
- RESTRUCTURING & INSOLVENCY NEWSLETTER (Vol.7)
Turnaround ADR is one of the most common out-of-court workout processes for larger-scale international companies in financial distress to restructure their debts.
Among the various options that debtors using Turnaround ADR need to consider throughout the process, we focus here on two major ones that many of those debtors applying for this type of workout eventually select: rescue financing to secure cash flow during the process or disclosure by listed companies.