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But they warned that the group still had the capacity to reorganize around a new leadership.
The plan gives senior noteholders and unsecured creditors shares in the reorganized company and allows Fleming to reorganize around its Core-Mark unit.
Reuters, the financial news company, said that it would scrap its product business units and reorganize around customer lines, including investment banking and brokerage, treasury, asset management and media.
Instead, it will reorganize around smaller, separately managed businesses that can survive independently.
Following the Israeli crossing, Brigadier General Abd al-Halim Abu Ghazala, commander of Second Army artillery, had managed to reorganize around ten artillery battalions in fire bases north of the Ismailia Canal, and incorporated the divisional artillery of Egyptian units on the east bank of the Suez Canal – an additional eight battalions.
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How might the collections be reorganized around them? he asked.
Others become "turn-around" schools, reorganized around the latest educational fad.
The company reorganized around its sportswear, intimate apparel and swimwear product groups.
(The dessert has been reorganized around red currants, black currants and strawberries).
The school was failing eight years ago, he said, but since it reorganized around the arts, reading scores have gone up.
"What we've recognized is that the Web is reorganizing around people," he said, "your friends are going to point you to what's important".
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com