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He was one of those who seek to restructure national economies by focusing on private enterprise and investment.
It would then seek to restructure its debt, asking its creditors to "take a haircut" – accept a loss.
The advisory business is ticking over too, as waves of companies seek to restructure debts.Still hedgingMany expect clients to demand more hedging because of the crisis.
There is another option: It becomes natural to wonder whether BlackBerry might eventually seek to restructure under Chapter 11 or its Canadian counterpart, the Companies Creditors Arrangement Act.
I expect there will be many more pitches to come as our European colleagues seek to restructure their approach to various national, regional, and global markets.
The federal government cannot be counted on for a bail-out: fiscal hawks in Congress would almost certainly balk at the expense and the precedent.Should Puerto Rico seek to restructure its debts, it would be entering uncharted legal terrain.
Similar(43)
"We are seeking to restructure them".
The Mohegans are not the only tribe seeking to restructure casino debt.
Some United States lawmakers have sought to restructure the way Egypt uses its military aid.
Other investors, including private equity firms, are seeking to restructure loans.
The company, which specializes in transporting oil and petroleum products, continues to operate while it seeks to restructure.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com