restructuring agreements

Restructuring agreements are formal plans between a company and its creditors or stakeholders to reorganize the company's debts and operations. These agreements aim to improve the company’s financial stability by changing repayment terms, reducing debt, or altering ownership structures. They are often used when a company faces financial difficulties but wants to avoid bankruptcy. The goal is to create a sustainable path forward, allowing the company to continue operating while satisfying creditors more effectively than through liquidation. Essentially, restructuring agreements help balance the interests of all parties and set the course for the company's recovery and future success.