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In an Article 9 Restructuring, senior secured creditors exit non-performing credits at asset value cleanly, because debtor consent, the As an out-of-court cooperative restructuring, Article 9 preserves an operating business as a new, debt-free entity. An insolvent business cooperates with its Down to the Wire: Ukraine at odds with bondholders in key restructuring talks

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ucc-9 the secret law that lets you fight back against debt collectors Introduction to Debt Restructuring: Managing Financial Challenges The Zellers were buried under $9.1M in debt. After losing $20k to a failed consulting firm, liquidation seemed unavoidable.

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Straight Talk: Behind the Scenes of Corporate Debt Restructuring in Emerging Markets Trusted Advisors: Using UCC Article 9 to Preserve Business Value . Gary Nacht and Adam Duso