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Mr. Juncker told reporters that European Union officials were "excluding the restructuring option which is discussed heavily in certain quarters of the financial markets," according to Bloomberg News.
There is growing support for the restructuring option favoured by Sir Bernard Hogan-Howe.
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It would continue to market and distribute books already in print and would consider restructuring options, according to a company statement.
OGX confirmed on Oct. 17 that it was talking to the Brazilian investment firm Vinci Partners and other firms about restructuring options, but no deal has been reached.
They have a very broad portfolio; in the last year they have strengthened their management team and are talking about looking at restructuring options.
Accountancy firm KPMG, which has been working with My Local's management on restructuring options, was lined up on Tuesday afternoon to handle an administration.
In its filing with the commission, the company said that its restructuring options included a negotiated reduction of its different classes of debt through a Chapter 11 filing in bankruptcy court.
In the first quarter, Qualcomm's satellite business was hit by economic and capital market conditions, as well as a recent decision by the satellite telephone company Globalstar Telecommunications Ltd. to suspend payments on its debt as it looked at restructuring options.
Lear, based in Southfield, Mich., has hired the investment bank Miller Buckfire and the law firm Kirkland & Ellis to advise it on its restructuring options, according to people briefed on the matter.
A person close to AT&T's board said the meeting was meant to allow the directors to winnow the menu of restructuring options the company's executives and investment bankers had been considering.
Hedge fund SRM, the biggest Northern Rock shareholder with an 11.5% stake, and one of the parties to the legal action, asked the Treasury for: criteria used to evaluate private sector bids for Northern Rock; information on the decision to take the bank into public ownership; and a copy of the Goldman Sachs report on financial restructuring options.
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