Restructuring Scorecard

With borrowers continuing to reach debt maturities and charter markets remaining stressed, it is inevitable that more shipping companies will need to be reorganized in the coming year. To further complicate the issues, corporate capital structures are much more complex today, which means the process of restructuring is far more complex as well. The multi-tiered capital structures create more stakeholders, each with their own unique incentives. It is very specialized territory and those with first hand experience can make an enormous difference in the prospects and outcome of any reorganization, recapitalization or restructuring.

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