Global Substitution Orders (GSOs) let companies replace themselves in thousands of debt cases with one court order. Used by hedge funds and debt buyers, they save millions but raise fairness concerns. How do UK, EU, and US systems compare?
Global Substitution Orders (GSOs) let companies replace themselves in thousands of debt cases with one court order. Used by hedge funds and debt buyers, they save millions but raise fairness concerns. How do UK, EU, and US systems compare?