1.   A prepackaged bankruptcy requires a lower level of creditor approvals than an out-of-court restructuring.

2.   Depending on the outcome of the vote, the restructuring may be completed as a prepackaged bankruptcy or outside the courtroom.

3.   Peiser said a prepackaged bankruptcy would not affect TWA flight operations or employment levels.

4.   The buildings, which were the subject of a prepackaged bankruptcy, were bought from Mendik Co.

5.   The lure of a prepackaged bankruptcy is considerable for management and creditors alike.

6.   The move will likely result in a prepackaged bankruptcy filing, the person said.

7.   The talks are occurring as TWA contemplates the likelihood of a prepackaged bankruptcy proceeding to reconfigure its debt-burdened finances.

8.   To get around the problem, Morrison Knudsen is negotiating with creditors for approval of a prepackaged bankruptcy plan.

9.   Though unhappy shareholders often have little hope of blocking a restructuring plan imposed through a prepackaged bankruptcy filing, minority bondholders can be in a stronger position.

10.   TWA for months has talked about the possibility of a prepackaged bankruptcy, but it has been skittish about the prospect because of negative connotations.