On Tuesday, a proposal to fundamentally restructure the Minneapolis police department in the wake of George Floyd’s death in 2020 was soundly defeated, a setback that even many Democrats acknowledged could be laid at the feet of the “defund the police” movement that some within the party embraced last summer.2021 November 5, Chris Cillizza, “Even Democrats are now admitting ‘Defund the Police’ was a massive mistake”, in CNN:
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Business, Finance To modify the terms of a loan, providing relief to a debtor who would otherwise be forced to default.
Valencia were in crisis, a club with two stadiums – one they could not sell and one that they could not afford to finish building – and a debt of €230m, the repayment of which was restructured.2017 January 18, Sid Lowe, “Chaos at Mestalla: Valencia's journey from Champions League to utter disarray”, in The Guardian:
We found this in the 1990s when organisations went through some fairly severe restructures.2009 March 24, Liam Walsh, “Suncorp remodel job risk”, in Herald Sun: