1. As in a bankruptcy proceeding, the state receivership would prevent creditors from taking action against the company while it was trying to right itself. 2. Former Clark workers who once praised Carlow now camp outside the plant, trying to prevent creditors from removing equipment while cursing the name of their former boss. 3. IFCT claimed that suggested conversion of debts to equity would affect collaterals because it would prevent creditors from protecting themselves. 4. That agreement prevents those creditors from taking legal action against the retailer. 5. The deal also prevents creditors selling Micron shares for four months after the accord is finalized, Yonhap said. |