The IMF and the Private Sector—A Factsheet

Investor Relations Programs: Report of the Capital Markets Consultative Group (CMCG) Working Group on Creditor-Debtor Relations
June 15, 2001

Involving the Private Sector in the Resolution of Financial Crises--
Corporate Workouts

Prepared by the Policy Development and Review
and Legal Departments, International Monetary Fund

January 24, 2001

Available in PDF (455 K) Use the free Adobe Acrobat Reader to view PDDF files


Workshop Summary

  1. Introduction

  2. The Need for Corporate Workouts

  3. Establishing a Framework for the Resolution of Corporate Sector Crises
    The Role of an Orderly and Effective Insolvency System
    The Role of an Effective Out-of-Court Restructuring Process and the Frameworks in Recent Crisis Countries

  4. Considerations in Designing an Orderly and Effective Corporate Restructuring Framework
          INSOL Lenders Group Statement of Principles