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The Corporate Restructuring Machine: How AI Could Improve Workouts

Reynolds Holding

Starting in the 1980s and 1990s, informal rules and business practices such as the London Approach to corporate workouts and the INSOL Principles for a global approach to multi-creditor workouts aimed to stabilize out-of-court restructurings. Not enough stakeholders might sign up for a comprehensive CRM restructuring, at least initially.