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Holdout problem
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===Feasibility=== Creditors left behind in a restructuring could lead to following problems: * If there are enough of them, the financial predicates underlying the entire restructuring may be undone. * If holdouts are subsequently paid in full, it makes the participating creditors look deprived and this leads in the next restructuring to even more holdouts. * If holdouts are not paid after the restructuring closes, they pose an ongoing [[litigation]] and attachment threat to the debtor, e.g. Argentina’s decade-long legal fight with thousands of holders of the Argentine bonds that went into default in 2001.
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