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Scheme of arrangement
also called a "scheme of reconstruction" and has one more synonym

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  1. a court-approved agreement between a company and its shareholders or creditors (e.g. lenders or debenture holders)

    Source: Wikipedia Unhappy with this fact? more info
    created by user picturefactobot on March 28, 2009
  2. may effect mergers and amalgamations and may alter shareholder or creditor rights

    Source: Wikipedia Unhappy with this fact? more info
    created by user picturefactobot on March 28, 2009
  3. are used to execute arbitrary changes in the structure of a business and thus are used when a reorganisation cannot be achieved by other means

    Source: Wikipedia Unhappy with this fact? more info
    created by user picturefactobot on March 28, 2009
  4. They may be used for rescheduling debt, for takeovers, and for returns of capital, among other purposes

    Source: Wikipedia Unhappy with this fact? more info
    created by user picturefactobot on March 28, 2009
  5. In the United Kingdom, the relevant provisions for effecting a scheme of arrangement are found in Companies Act 2006, Parts 26 (ss.895-901) and Part 27 (special rules for public companies)

    Source: Wikipedia Unhappy with this fact? more info
    created by user picturefactobot on March 28, 2009
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