Probably many. It is a standard way to re-structur the debt of something which might be a viable business in non-terrible circumstances. Spain: “concurso de ac

Probably many. It is a standard way to re-structur the debt of something which might be a viable business in non-terrible circumstances. Spain: “concurso de acreedores”. The business asks the Government for a way to have lenders (acreedores) restructure/redimension the debt. This way workers can still have job in the future, assets keep their operating value...