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Restructuring Support Agreements
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»Restructuring Support Agreements. A Useful Tool for Organizing Reorganizations under German Law?«: This book analyses the trend of using restructuring support agreements (RSA) in Chapter 11 and in Scheme of Arrangement proceedings. RSA can be a useful tool to combat claim trading and holdout-activities. On the other hand, there is a risk that some creditors will use RSA to gain control over the restructuring process and to obtain special benefits not available for other creditors. This book also answers the question if RSA can be used to organize reorganizations in Germany and it discusses the boundaries for such contracts under German Law.
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