IDEAS home Printed from https://ideas.repec.org/h/spr/sprchp/978-3-030-81306-2_7.html
   My bibliography  Save this book chapter

Structuring and Negotiation

In: Corporate Debt Restructuring in Emerging Markets

Author

Listed:
  • Richard Marney
  • Timothy Stubbs

    (Dentons)

Abstract

The fox threatens the group and is expelled from the refuge, ending up in a far less secure place. The animals were obliged to make a difficult decision for the good of the group. Like the animals, lenders must take hard decisions, often confronted with a series of negative outcomes and finding themselves forced to opt for the least bad alternative. The discussion in the chapter focuses on: (i) the main goals of a workout; (ii) elements of cost–benefit analysis in transaction structure analysis (including judicial versus nonjudicial restructurings); (iii) the building blocks of restructuring; and (iv) requisites of transaction leadership. Thorough and updated planning, maintaining control, dealing with detours, accepting compromise, but sticking to principles when necessary are amongst the key learnings that are reinforced through a return to the manufacturing case study and the opening Bank of Commerce Tale.

Suggested Citation

  • Richard Marney & Timothy Stubbs, 2021. "Structuring and Negotiation," Springer Books, in: Corporate Debt Restructuring in Emerging Markets, chapter 0, pages 159-179, Springer.
    • Handle: RePEc:spr:sprchp:978-3-030-81306-2_7
    DOI: 10.1007/978-3-030-81306-2_7
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:sprchp:978-3-030-81306-2_7. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.