51. Legal action, Proctor said, will probably be stimulated by the passage of new bankruptcy laws that allow insolvent companies to be restructured. 52. Restructuring the company allowed WorldCom to separate its struggling voice division, now the MCI Group, from the WorldCom Group. 53. State authorities have recently invited bidders for a tender to restructure the company. 54. The company is being restructured to return it to profitability after years of serious losses. 55. The bank will restructure companies offered for sale and promote their sale to Egyptian investors abroad. 56. The Ministry of International Trade and Industry, which oversees Japan National Oil, will appoint new executives to restructure the company, according to the reports. 57. The main objective of the exercise was to save the company and the shipyard in Labuan and hence has made an application to restructure the company. 58. The new organization resembles what the company looked like before former chief executive officer Terry London restructured the company last year to focus on its Internet venture. 59. They would also restructure the company into four independent business groups. 60. Workers had been working on half salary for the five previous months while management promised to restructure the company. |