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What is a Deed of Company Arrangement?

A Deed of Company Arrangement (“DOCA”) is a binding agreement between a company and its creditors. The arrangement allows for a better outcome for its creditors if the terms of the DOCA are complied with. A DOCA sets out the repayment timelines, terms, debt forgiveness also how and when the DOCA will be terminated. The terms of a DOCA allow the company to continue trading while fulfilling its debt obligations to its creditors.

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