Multinational restructuring

Multinational restructuring

Changing the terms of an MNC's assets or liabilities by mutual agreement.

Multinational Restructuring

The act of changing the terms on the assets and/or liabilities of a multi-national corporation. That is, a multinational corporation may consolidate its debts, significantly change the size and scope of its operations, and take other measures to reduce the strain of continuing operation. Most companies, whether or not they are multinational corporations, restructure either as part of a bankruptcy or as an effort to avoid it.
References in periodicals archive ?
Today e*know, inc announced that LyondellBasell Industries, the world's third-largest independent chemical company, is using e*know INTEGRATOR to manage multinational restructuring activities initiated by the company in January.
and multinational restructuring matters, and add to our already deep knowledge and experience in the health care industry.
courts in Chapter 15 proceedings without exception as providing fair, clear rules for the administration of multinational restructurings such as Vitro's.
Full browser ?