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For instance, Chapter 11 gives debtors the right to propose a restructuring plan within 120 days.
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Mr. Obama is expected to propose a restructured tax code, but that important goal can only be reached in the context of raising more revenue to close chronic deficits.
The EU's next constitutional conference is likely to propose a formal restructuring of the commission into a two-tier hierarchy.
Such a buildup within a country's own banking system makes it all the more difficult for a government to propose a debt restructuring, given that the country's local banks and its many unionized employees will suffer, not just faceless hedge funds abroad.
Such a buildup within a country's own banking system makes it all the more difficult for a government to propose a debt restructuring, given that it will be the country's local banks and its many unionized employees that will suffer, not just faceless hedge funds abroad.
After almost two years of struggling with its predicament, management decided to bring things to a head by proposing a restructuring plan that would have extended debt maturities for several more years enough time for energy prices to recover and for the company to regain its credit rating and thereby its access to the capital markets.
The embattled Vancouver dance company Ballet British Columbia has proposed a restructuring plan to its creditors that it hopes will keep it out of bankruptcy, the local newspaper The Georgia Straight reported.
Page A17 STATE PLAN TO SAVE DETROIT With Detroit expected to run out of cash this spring, state officials in Michigan proposed a restructuring deal with the city leaders that would establish a joint advisory board to address the city's financial troubles without appointing an outside emergency manager.
With Detroit expected to run out of cash this spring, state officials in Michigan proposed a restructuring deal with the city leaders on Tuesday that would establish a joint advisory board to address the city's financial troubles without a state-appointed emergency manager.
The carrier has proposed a restructuring package for the $570 million debt that it hopes to complete by Dec. 15 to avert falling into default.
Court filings show they proposed a restructuring plan that called for 60 monthly payments to the bankruptcy trustee, who would in turn distribute the money to their creditors.
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