Undoubtedly, reorganization entails the transfer of certain rights and obligations from one subject of legal relations to another. In some cases, the founders (participants) of the legal entity, if necessary, will notify the creditors, who in turn have the right to demand the termination or early performance of the obligations, the debtor for which is the reorganized legal entity, and in return the damages.
It is important to know that the reorganization is carried out only by the decision of the founders (participants) or by the body of the legal entity authorized to reorganize the constituent documents.
Transformation is the form by which the organizational legal form of a legal entity is transformed.