The company, based in Burlington, Ontario, needed permission from the holders of its $3.4 billion in debt because it was in default after deferring $22.95 million in interest on May 16 and calling an interest-payment moratorium shortly after.
Many lenders also have agreed to waive missed payments during the moratorium.
Now Mr. Deripaska says he is seeking a moratorium on payments to all creditors.
In April, the church's vendors agreed to a 90-day "voluntary moratorium" on payments, the church statement said.
This week the CBR declared a 30-day moratorium on payments to the bank's creditors firmly bolting the door from an empty stable.
By March, the trust had paid more than $2.5 billion to more than 350,000 beneficiaries and decided to place a 60-day moratorium on payments.
While he discussed several possible outcomes, including a moratorium on payments, he said that a debt swap or voluntary restructuring, similar to one in June 2001, was more likely.
On January 12th, ministers and officials of the Paris Club, a group of 19 big donor countries, offered Indonesia and other victims of the tsunami an immediate moratorium on payments, while they consider other forms of debt relief.
For instance, the British government has ordered credit card companies there to "work with consumers," in some cases providing a 60-day moratorium on payments, as a condition of getting public money.
Talks with potential buyers are continuing, but KPNQwest said it had no choice but to ask the District Court of Haarlem to convert a moratorium on payments to creditors to bankruptcy proceedings.
