Document background
The Master Restructuring Agreement serves as the primary document in complex financial restructurings under U.S. law. It is typically employed when a company needs to reorganize its debt obligations across multiple creditor classes or when facing financial distress. The agreement outlines the comprehensive terms of the restructuring, including debt modifications, payment schedules, security arrangements, and operational changes. It incorporates requirements from various U.S. federal laws including the Bankruptcy Code, securities regulations, and state-specific provisions, while ensuring compliance with creditor rights and corporate governance obligations.
