Learn why this is important in debt restructuring projects, even before you are contemplating bankruptcy
Practical case study with a number of scenario plays
Understand the difference between factual and technical insolvency, and why it is important to know which you are dealing with.
15 question Q&A to test your learning!
Offline support available on request
Secured, preferred and concurrent creditors
How creditors play off against each other
Provisions
Preferences, allocation of excess, pro-rata sharing
Used prior trainin module (Group Structures) as a base for case study
Practical case study using a spreadsheet
Assets & Liabilities
Force-sale impact
External collateral
Impact of subordinations (4 scenarios)