Last Updated
:2025/11/24
pre-packaged bankruptcy
Noun
countable
uncountable
Japanese Meaning
事前にほぼ完成された再建計画や債務再編計画を添えて破産申請を行い、長期にわたる法廷主導の再建・債務整理手続きを回避する手法。 / あらかじめ整えられた再建プランを法廷に提出することで、裁判所による長期の再建手続を効果的に回避する破産申請方式。
( plural )
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(finance, banking) A filing for bankruptcy by submitting to the court a virtually complete plan designed to avoid a protracted court-guided period of reorganization and debt restructuring.
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pre-packaged bankruptcy
Facing mounting debts, the company filed a pre-packaged bankruptcy to expedite restructuring and minimize disruption to its operations.
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Facing mounting debts, the company filed a pre-packaged bankruptcy to expedite restructuring and minimize disruption to its operations.
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