Reorganization Under Insolvency Tripled In 2014 Vs. 2007, To Over 5.5%

02.19.2015 By Oana Gavrila

Insolvent businesses that underwent reorganization tripled in 2014 compared to 2007, to more than 5.5% of insolvencies, but the rate remains low as many businesses resort to insolvency too late, there are few specialists proposing viable reorganization plans and financing is scarce.

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Keywords:
INSOLVENCY
, REORGANIZATION
,