Formal processes will triumph over consensual restructuring

Author: | Published: 4 Mar 2009

Court-led insolvency proceedings are likely to become more common as complex debt structures and time pressures make consensual restructurings more difficult.

Panellists at IFLR’s Asia M&A Forum agreed that distressed companies would increasingly be restructured or liquidated through a formal court process.

“The combination of increased sophistication (both in...