The shareholders and creditors have accepted this amount, but a few related issues are still under discussion.
The account is now favourably balanced: my creditor has accepted a composition.
But skepticism about whether creditors would accept the deal helped push the bonds off their highs.
The law does not require that the creditor accept an offer to this effect; he is entitled to continue to demand performance.
There may be no substitution of performance unless the creditor accepts.
If the creditors accept the offer, the bankruptcy can be annulled after the funds are received.
But not all creditors have accepted the terms.
There also is no guarantee that a creditor will accept partial payment of a legitimate debt.
It was not clear tonight whether the creditors had accepted the resignations.
At least one industry trade publication said creditors would accept offers amounting to $2 billion for parts or all of the studio.