51. France Telecom said its talks are progressing with creditor banks toward helping its troubled German mobile phone affiliate Mobilcom to avoid bankruptcy. 52. Guangdong Vice Governor Wang Qishan said in an interview earlier this month that GZITIC could avoid bankruptcy, unlike its provincial counterpart. 53. He narrowly avoided bankruptcy a few years ago in a scheme to syndicate yearlings failed. 54. In a final effort to avoid bankruptcy, Carlton and Granada obtained a court order Wednesday to put the broadcaster into administration. 55. It suspended operations last Thursday until a special board meeting is held to consider how to avoid bankruptcy. 56. It suspended operations last Thursday until a special board meeting Friday to consider how to avoid bankruptcy. 57. Kvaerner has said that it faces a severe cash crunch and needs new financing to avoid bankruptcy. 58. Less than two months ago, Kvaerner agreed on emergency financing deals enabling it to avoid bankruptcy. 59. On Wednesday it announced it will file for legal protection against its creditors as a last-ditch attempt to avoid bankruptcy. 60. Officials insisted, however, the utility still needs state help to avoid bankruptcy. |