Preinsolvency processes. Out-of-court restructuring.In this post, we'll dig deep into the complete Corporate Insolvency Resolution Process (CIRP). What is the Insolvency Resolution Process (IRP)?. No information is available for this page. The court finds that Japonica has engaged in a pervasive pattern of bad faith designed to control the debtor and manipulate the bankruptcy process. Insolvency and Bankruptcy Code - What are the new changes Government wants to make with IBC? Track if an issuer decides to enter a prepackaged or pre-negotiated bankruptcy. 1991), in the United States Bankruptcy Court for the Western District of Pennsylvania. Additionally, Allegheny Power anticipates filing a transmission interconnection tariff with FERC.