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The firm said it had agreed to produce an operating plan and restructuring proposal by the end of April.
DealBook R.B.S. Proposes 'Souped-Up Version of the Volcker Rule' | In a report to Britain's Independent Commission on Banking, the Royal Bank of Scotland has put forward a restructuring proposal that would require British banks to ring-fence their speculative operations from their core functions, Sky News reports.
yahoos, on friday evening, our board received a search and restructuring proposal from microsoft and carl icahn. in essence, this proposal would hand over to microsoft yahoo!'s search business and the rest of the business to carl icahn.
Ex. 5 (Restructuring Proposal) 6-7 (emphaddedadded).
Under the restructuring proposal creditors will get their money back but after a delay.
When the Restructuring Proposal was executed, Black did not perform the duties he had undertaken.
The $28 million in Boston's restructuring proposal would have covered that.
Mr. Dinallo said that given MBIA's problems at the time, he was open to considering the insurer's restructuring proposal.
The court also found that Black, operating as principal and agent of Inc., had violated the Restructuring Proposal.
It also rejected Black and Inc.'s arguments that they were fraudulently induced into entering the Restructuring Proposal.
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The long delay in reaching a deal undermined the government's campaign to secure backing for the debt-restructuring proposal.
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