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nashashmi 3 hours ago

Is there a legal term for this kind of restructuring of debt?

stevefan1999 3 hours ago | parent | next [-]

I vibe asked it on Kagi Assistant and it said the closet relevant result is https://en.wikipedia.org/wiki/Texas_two-step_bankruptcy

To me it seems more like leveraged buyouts + debt restructuring all at once. I rather coin this term "debt offloading", which could also cover the cases with Enron for the tactics they used about 25 years ago

svpernatvral 3 hours ago | parent | prev | next [-]

Scamming the state through private debt emission.

Ozzie_osman 3 hours ago | parent | prev [-]

"Private Equity"