Getting full control of your papers at any time is vital to ease your daily duties and improve your productivity. Accomplish any goal with DocHub tools for papers management and practical PDF editing. Access, change and save and integrate your workflows with other safe cloud storage services.
DocHub offers you lossless editing, the opportunity to use any format, and safely eSign documents without the need of looking for a third-party eSignature option. Get the most from the file managing solutions in one place. Try out all DocHub capabilities today with your free profile.
A standstill agreement is a temporary arrangement between a borrower and creditors, excluding trade creditors, that allows stakeholders time to evaluate their positions. It is feasible only if creditors believe consensual restructuring is in their best interest. Key principles include preventing individual creditors from taking enforcement actions for a set time, maintaining creditors' relative positions, and freezing exposure from day one. A standstill agreement typically governs the distribution of new cash from equity, asset sales, or enforcement proceeds and defines both the duration of the standstill period and the terms related to information sharing among parties.