Financial restructuring can occur as:

Question

Quizplus · Accepted Answer

Financial restructuring can occur as a private workout where the borrower and lenders negotiate new terms to avoid default or bankruptcy, and it can also occur through a bankruptcy reorganization where a court oversees the restructuring process. Therefore, options A and C are correct. An employee buy-out, however, is not a form of financial restructuring and is therefore not a correct choice. Option E is also incorrect since it includes an incorrect answer.

Financial Restructuring Can Occur As