1. A bankruptcy declaration would have allowed Island Helicopters to continue operating while it came to new terms with creditors, including the city. 2. Dai said loans can be written off only after an approved bankruptcy declaration, the official newspaper Shanghai Securities News reported Monday. 3. Tapie has appealed the bankruptcy declaration. 4. The workers charge that the bankruptcy declaration and their sudden firing were illegal. 5. Following the bankruptcy declaration, creditors must bear losses in accordance with their lending. 6. Since the December bankruptcy declaration by Texas-based energy giant Enron, share prices of some European groups have also come under pressure. 7. The midnight bankruptcy declaration applies to the parent company Bremer Vulkan Verbund, Vulkanwerft in Bremen and Schichau Seebeckwerft in Bremerhaven. |
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