Want to know what should be included in the draft reorganization plan?
[Lawyer's Reply] The draft reorganization plan should generally cover the debtor's business plan, classification of creditor's rights, creditor's rights adjustment plan, creditor's rights compensation plan, implementation period of the reorganization plan, supervision period, etc. The debtor may adjust the draft in light of the actual situation. We should ensure that the draft is fair, reasonable, practical and feasible, and protect the interests of all parties. Fully communicate with creditors, shareholders, etc. to strive for support during formulation. In case of problems or disagreements, the draft can be modified through negotiation, and professional suggestions can be sought if necessary.
