statement of principles for a global approach to multi-creditor workouts
statement of principles for a global approach to multi-creditor workouts
statement of principles for a global approach to multi-creditor workouts
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INSOL INTERNATIONALwww.insol.orgprovider under any other facilities) should not be obliged <strong>to</strong> lendfurther amounts after a petition <strong>for</strong> liquidation or bankruptcy hasbeen lodged against the deb<strong>to</strong>r unless such additional lendinghas been approved by the courts, as otherwise it may not berecoverable in a subsequent liquidation or bankruptcy.36