Exact(4)
The company, which has moved its headquarters to Ashburn, Va., hopes to complete its reorganization before the end of the year.
Lenders to the company, which makes Calvin Klein jeans and Speedo swimsuits, are demanding that the company file a recovery plan under its Chapter 11 reorganization before August.
Typically, a troubled company usually seeks to line up creditors, employees and other stakeholders for a plan of reorganization before a bankruptcy filing.
Microsoft has to wait until the end of the year for it to complete this reorganization before it can "go".
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Tribune said that it expected to file a reorganization plan before a court hearing on Tuesday.
The original agreement, announced in April 2005, required the filing of a Chapter 11 reorganization plan before the sale could be consummated.
The F.C.C. said the appeals process would be disrupted by a ruling on the reorganization plan before the Supreme Court reviews a June decision that returned frequencies to NextWave.
Kmart, which began presenting its reorganization strategy before a federal judge in Chicago yesterday, said that the majority of its creditors had approved its plan to emerge from bankruptcy.
Nancy J. Victory, assistant secretary of commerce for communications and information, has said that the department is awaiting the outcome of Icann's own reorganization efforts before weighing in on the matter.
Charter is one of a growing number of companies pursuing what restructuring experts call a "prearranged bankruptcy," in which a debtor reaches an agreement with some of its creditors over a reorganization plan before it files for bankruptcy.
Yahoo's management has since said that it had long recognized that the company faced some structural problems and had begun planning a reorganization long before Mr. Garlinghouse's memo came to light.
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