A scheme of arrangement is a plan for a company to remove debt, organize a takeover, or other financial matters that require cooperation between the company and its creditors and investors. It must be approved by a court and can be used in various situations, such as rescheduling debt or canceling long-term debts. It can […]
The Wassenaar Arrangement is an international agreement controlling the sale and transfer of ammunition and dual-use goods to prevent the proliferation of hazardous materials. Member nations must disclose details of sales to non-members, and meetings are held to amend the agreement in response to changing global security conditions. Black market deals are not part of […]