Restructuring
Arrangement approval proceedings — the fastest restructuring
Arrangement approval proceedings are the fastest restructuring route — most of it happens outside the courtroom, and the court only approves the arrangement. It works best when disputes are limited and time matters.
How it works
You sign an agreement with an arrangement supervisor (a licensed restructuring adviser), who helps prepare the arrangement proposals and collect creditor votes. The announcement of the arrangement day gives protection from enforcement. The court steps in only to approve the adopted arrangement.
When to choose this track
- When speed and minimal court involvement matter.
- When disputed claims are limited (most are undisputed).
- When you want to keep managing the company during the proceedings.
- When you need fast protection from enforcement.
How it runs — step by step
- Diagnosis and choice of track — we check whether this is the best route.
- Agreement with the arrangement supervisor, plan and proposals.
- Announcement of the arrangement day (protection from enforcement).
- Collecting creditor votes on the arrangement.
- Filing the motion and court approval of the arrangement.
- Executing the arrangement — supervision over delivery.
In short: we will assess whether arrangement approval proceedings are the best route for your company — and run them from diagnosis to execution.
PT