Dissenting creditors are entitled to a cost that cannot be lower than their pro rata shares in the liquidation worth of the borrower, calculated because the estimated realisable value of the belongings of the borrower. ICAs also normally include a standstill provision barring its signatories from pursuing particular person enforcement actions till the restructuring process is below manner. Do I want a bankruptcy legal professional? Let me start by saying this: You would not have to hire a lawyer ...
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