Restructured
/rɪˈstrʌktʃərd/
Definitions
- (adj.) Altered or reorganized, especially relating to the legal or financial arrangement of a company or debt.
The restructured corporation emerged stronger after the bankruptcy proceedings ended.
Related terms
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Commentary
Commonly used in corporate law and bankruptcy contexts to describe entities or agreements that have undergone formal modification.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.