Adoption of restructuring plans by creditors
THE BENEFICIARY AND ITS RESTRUCTURING PLANS
Procedures related to restructuring plans
Figures quoted in the restructuring plans.
restructuring plans which provide for new financing
submission of restructuring or repayment plans
Source: Irish authorities and restructuring plans for AIB and EBS and the Bank.
implementation of restructuring business plan to firms that are not in difficulty [63]
Member States should submit progress reports about the restructuring plans of those undertakings, refiners' business plans as well as their national restructuring programmes to the Commission.
In its past practice, the Commission has accepted that restructuring plans are defined over time and considered the initial plans as the starting point of the restructuring period.
However, both restructuring plans are based on the assumption that additional State aid is awarded.
Restructuring plans normally entail reductions in or abandonment of the affected activities.
Restructuring plans normally entail reductions in or abandonment of the affected activities.
They make the design and adoption of consistent restructuring plans for cross-border groups of companies more difficult.
restructuring plans which affect the claims or interests of dissenting affected parties
Coordination and harmonization of reorganization plans;
proposed plan of reorganization or liquidation; and
the restructuring plan would restore the recipient's long-term viability, given that its main focus was financial restructuring
restructuring plans which provide for new financing;
They should lay down clear and specific provisions on the content of restructuring plans.
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