When a company files for Chapter 11 bankruptcy, restructuring support agreements (RSAs) can play a crucial role in shaping the outcome. What is the value of restructuring support agreements in Chapter 11 cases?
RSAs provide a structured roadmap for debt restructuring, increasing creditor confidence, reducing disputes, and expediting the bankruptcy process. By securing creditor commitments early, RSAs help streamline negotiations, minimize litigation risks, and improve the chances of a successful reorganization.
With decades of experience in bankruptcy law, I’ve seen how RSAs can significantly impact Chapter 11 cases. Let’s explore how they work and why they are a valuable tool for debtors and creditors alike.
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