Comair business rescue practitioners seek extension before presenting plan

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Philippines News News

Comair’s business rescue practitioners on Friday asked creditors for a short extension for the publication of the business rescue plan.

The practitioners, Shaun Collyer and Richard Ferguson, had originally aimed to publish the plan on June 9 but have asked for this to be extended until June 23. The company entered into voluntary business rescue on May 5.

The practitioners said this information was required so the practitioners were able to reconcile creditors’ claims with the company’s records.

 

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