Under pressure Pacific International Lines (PIL) has provided an update on its restructuring, heading to Singapore’s High Court yesterday to seek approval for a scheme of arrangement with creditors as it awaits further financing from a unit of the republic’s sovereign wealth fund. The scheme of arrangement – a Singaporean version of bankruptcy protection – …
Under pressure Pacific International Lines (PIL) has provided an update on its restructuring, heading to Singapore’s High Court yesterday to seek approval for a scheme of arrangement with creditors as it awaits further financing from a unit of the republic’s sovereign wealth fund. The scheme of arrangement – a Singaporean version of bankruptcy protection – …
[post_title] => PIL seeks extra breathing space with court trip
[post_excerpt] => Under pressure Pacific International Lines (PIL) has provided an update on its restructuring, heading to Singapore’s High Court yesterday to seek approval for a scheme of arrangement with creditors as it awaits further financing from a unit of the repu...
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[post_name] => pil-seeks-extra-breathing-space-with-court-trip
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[post_modified] => 2020-11-10 07:52:25
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