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Mackay says that the financial implications of any restructure will have to be carefully considered before the Broncos decide which option to back.
Sunderland: There are no magic policy solutions for Venezuela's dire economic situation and any restructure will require the assistance of a multilateral institution or foreign partner.
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Still, the risk of court action by dissident investors illustrates the complexity of any restructuring.
"What we understand is that any restructuring will also revisit the taboo," Green said.
By that time, harsher action may be necessary if any restructuring made now is not effective.
An essential component in any restructuring would be a healthy dose of spin.
One source said that no decision on any restructuring was imminent.
Any restructuring of the city school system must be approved by the Legislature and Gov. George E. Pataki.
Some investors say that any restructuring plans now may prove too little, too late.
This is before any restructuring and impairment provisions that may be required.
Third, any restructuring under Chapter 11 bankruptcy rules would be a death knell.
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