Company restructurings are comprehensive actions aimed at transforming a business - its organizational, financial, or operational structure - in a way that restores its ability to continue operating, improves efficiency, and avoids bankruptcy.

Restructuring is a holistic process that involves changes in organizational structure, finances, assets, methods of operation, and relationships with creditors.

A good restructuring includes:
1. Financial restructuring
2. Operational restructuring
3. Organizational restructuring
4. Legal restructuring