Roadblocks and Detours: Strategies for Enhancing Creditor Recovery
Is the debtor always right?
The Bankruptcy Code and its underlying policies are designed to give the debtor a fresh start and foster reorganization. However, committees and individual creditors are not always on board with a debtor’s restructuring efforts and at times prefer payment over compromise or even a going-forward business partner. This panel covered the tools and strategies committees and individual creditors use to slow down a debtor’s restructuring efforts to address the collective demands of committees or the individual needs of creditors both big and small.
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