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Krasovskiy, I. V.
Cross-border debt restructuring [Text] [Текст] : implementation in Ukraine / I. V. Krasovskiy, M. V. Lukashenko
// The Ukrainian Journal of Business Law. – Kiev : ПрАТ "Юридична практика", 2012. – Vol. 10, № 5 : In focus: Business crime. – P. 28-30.
The repercussions of the recent financial crisis are still being felt throughout the world, which means that many corporations will continue to face difficulties repaying their debts. Therefore, debt restructuring is on the agenda of many creditors and borrowers. Although there are several possible solutions for restructuring of the debt, consensual out-of-court restructuring has proved to be the most efficient one.
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