81. The new bankruptcy law may go into effect this month, which will allow debtors and creditors to work out a rehabilitation plan together. 82. The payment is aimed at placating creditors, who will be asked to approve a rehabilitation plan for the troubled airline. 83. The move is part of a rehabilitation plan being prepared to save the airline from closure. 84. The rehabilitation plans of the two suspended firms were given to Tarrin Monday. 85. The new law would change that to give equal protection to new lenders who provide financial help to an insolvent debtor under a court-ordered rehabilitation plan. 86. The payment is aimed at appeasing these creditors, who will be asked to approve a new rehabilitation plan for the loss-making airline. 87. The SET explained that since the order was issued Surat has not submitted a rehabilitation plan and its performance had deteriorated even further. 88. The rehabilitation plan submitted by Ratanakosin did not pass the standards of the Insurance Department, said the minister. 89. The Securities and Exchange Commission said Thursday it does not want to extend again the deadline for ailing Philippine Airlines to submit a rehabilitation plan. 90. The Senate committee wants the debtor to have a say in the drafting of rehabilitation plan and the appointment of the implementor of the rescue plan. |
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