restructuring


Also found in: Dictionary, Thesaurus, Medical, Legal, Encyclopedia, Wikipedia.
Related to restructuring: Debt restructuring

Restructuring

The reorganization of a company in order to attain greater efficiency and to adapt to new markets. Major corporate restructuring transactions include mergers, acquisitions, tender offers, leveraged buyouts, divestitures, spin-offs, equity carve-outs, liquidations and reorganizations.

Restructuring

The act or process of changing the terms on the assets and/or liabilities of a company. That is, a company 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 restructure either as part of a bankruptcy or as an effort to avoid it. If the company is restructuring as part of a corporate bankruptcy, it is said to be in receivership.

restructuring

A significant rearrangement of a firm's assets and/or liabilities. A firm's restructuring may include discontinuing a line of business, closing several plants, and making extensive employee cutbacks. A restructuring generally entails a one-time charge against earnings. Compare debt restructuring.

restructuring

see CORPORATE RE-ENGINEERING.
References in periodicals archive ?
Depending on the tasks, the integration of key personnel in interdisciplinary project teams within restructuring makes perfect sense.
The last option is the most popular, notes Jack Jennings, president of the Center on Education Policy, which has studied restructuring in Michigan and California.
Although the Chapter 11 process brings clarity, urgency and a focal point to a restructuring, it is up to the company and its stakeholders--not the court--to implement that restructuring in an organized and strategic manner.
According to the court, the business realities were identical before and after the restructuring plan.
In light of all of these formidable obstacles facing foreign creditors when working on restructurings in the emerging markets, foreign creditors would be well advised to focus on developing comprehensive and cohesive strategies for managing the restructuring process.
The asset potential of the differential between the restructured rental and the market rate makes the negotiation of a flexible sublease/assignment clause critical in any lease restructuring.
To fashion an appropriate policy response, if any, to this extraordinary restructuring-LBO phenomenon, there are some key questions that must be answered: What is behind the corporate restructuring movement?
Contributions from leading industry figures from: Allen & Overy, Deloitte Restructuring Services, Ernst & Young, Grant Thornton, IBA, INSOL, KPMG, KRyS Global, PricewaterhouseCoopers, OPF Partners, Salans LLP and World Bank Group.
94-1, Application of Statement 115 to Debt Securities Restructured in a Troubled Debt Restructuring, securities received in connection with a debt restructuring are subject to Statement no.
Zarin said, "While Fidenas has previously informed the company that it believes the company must restructure its debt to remain viable and that any such restructuring must include an equity infusion from a strong investor, now, for its own reasons, Fidenas opposes the restructuring we have finally negotiated and has gone to court to invalidate the more than $18 million of equity investments in Emerson that two suppliers and the former chairman of the company's largest supplier have made.
Brian Cejka, Alvarez & Marsal Turnaround and Restructuring