Sentence examples for restructuring proceedings from inspiring English sources

Judge Sean H. Lane of the United States Bankruptcy Court in Manhattan confirmed American's proposal to exit restructuring proceedings nearly two years after the carrier filed for bankruptcy.

The moves constitute one of the most high-profile debt restructuring proceedings in South Korea since the years after the 1997-98 Asian financial crisis.

Yet the debt outstanding on the family home is not eligible for restructuring in bankruptcy proceedings.

Due to the complexity of the restructuring, GM's bankruptcy proceedings could take as much as three months, the official said longer than the "quick rinse" proceedings expected for Chrysler.

"This clears the way so we can proceed in an orderly fashion with bankruptcy proceedings and restructuring Detroit," Mr. Nowling said.

Judge Lane said that regardless of the legal proceedings, the restructuring plan was viable because it had received the broad backing of creditors and shareholders, as well as unions representing pilots, flight attendants and mechanics.

"It is an effective and commonly used practice in business to use bankruptcy proceedings to restructure a business and ultimately save jobs.

It has been hobbled by higher costs than its competitors, who have all used bankruptcy proceedings mainly to restructure their labor contracts.

In recent weeks, the ministry of finance has suggested TVR, which recorded losses of more than £4.2m last year, may face insolvency proceedings and a dramatic restructuring.

By Sept. 30, US Airways must be in compliance with the terms of its federally backed loans, the basis of the restructuring that helped it emerge from bankruptcy proceedings in April 2003.

Of the debtors who do enter bankruptcy proceedings, many are required to restructure their debts — negotiating with lenders to lower loan balances and stretch out repayments — rather than being allowed to liquidate them.