| Document Date: 2015-01-14 11:38:25
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City Barcelona / Frankfurt/Main / New York / Dutch / / Company Magyar Telecom / Some UK / Dutch company New York / / Country Germany / United States / United Kingdom / / Currency EUR / / Event Music Album Release / Bankruptcy / Reorganization / General or Shareholder Meeting / / IndustryTerm majority lenders / foreign law finance documents / Scheme applications / law facility documents / court applications / insolvency law / law clause / finance documentation / finance documents / lien lenders / finance / law debts / finance facilities / creditor restructuring tool / ancillary finance / law jurisdiction clause / / MusicAlbum English / / Organization US Chapter / English court / UN Court / US Bankruptcy Court / Court of Appeal / German court / / Position chairman / company chairman/director / administrator / representative / chief restructuring officer / legal operative / judge / dominant driver / /
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Schemes of Arrangement as Restructuring Tools Since the start of the current credit crunch there has been a huge increase in the use of schemes as a restructuring tool. In most cases a scheme will be the fall-back stra