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In an on-the-record conference call with interested counsel on December 16, 2003, the Court was advised that negotiations for a consensual plan were ongoing.
I note also that upon presentation of a consensual plan, in the absence of objection to the release/injunction provisions, or upon a more meaningful distribution to unsecured creditors, the Court may, appropriately, view such provisions in a different light.
Fortunately, the Debtor has managed to obtain extensions of its DIP financing and of the Standstill Agreement deadline, which should afford sufficient time for the parties to reach accord on the terms of a consensual plan.
"Hopefully we can present a consensual plan of adjustment.
Similar(56)
Extensive planning goes into a consensual BDSM scene; partners discuss what they will and will not do.
The plan does not offer a consensual lump sum or an immediate annuity upon separation before early retirement age.
The plan does not offer a consensual lump sum or an immediate annuity upon separation before normal retirement age.
We must plan for a coercive, not a consensual, campaign..
We must plan for a coercive, not a consensual, campaign...
In accord with the personal and fully human character of conjugal love, family planning fittingly takes place as the result a consensual dialogue between the spouses, respect for times and consideration of the dignity of the partner.
But Polaroid plans to begin negotiations soon with bondholders in an effort to "pursue a consensual restructuring of our unsecured debt," Mr. Colcord said.
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