Group Therapy For Corporate Giants: New Rules To Tackle Complex Bankruptcies

4 days   👁 31
business group therapy for corporate giants new rules to tackle complex bankruptcies

In cases such as bankruptcies of Essar and Reliance ADAG group companies, varying methods have been attempted, to varying levels of success. Now, a new framework attempts to address a long-felt need: Efficient rescue of companies linked by common ownership or control.