Close

Search

Search Menu
Photonics Media Photonics Buyers' Guide Photonics Spectra BioPhotonics EuroPhotonics Vision Spectra Photonics Showcase Photonics ProdSpec Photonics Handbook
More News

Court Extends Debt Relief for 360networks

Facebook Twitter LinkedIn Email Comments
VANCOUVER, B.C., Canada, July 24 -- 360networks Inc. said that the Supreme Court of British Columbia has extended an order giving the firm protection from its creditors until December 31, 2001. The company, which has said its restructuring plan will include liquidating its non-North American assets, said the court order includes a cash budget for the rest of 2001.
    "We are pleased that our secured lenders and the Canadian court have approved the extension of our order," said president and CEO Greg Maffei. "This extension provides us time to restructure our business plan in North America and sell key assets outside the United States and Canada."

Photonics.com
Jul 2001
News & Features

Comments
back to top
Facebook Twitter Instagram LinkedIn YouTube RSS
©2019 Photonics Media, 100 West St., Pittsfield, MA, 01201 USA, info@photonics.com

Photonics Media, Laurin Publishing
x We deliver – right to your inbox. Subscribe FREE to our newsletters.
We use cookies to improve user experience and analyze our website traffic as stated in our Privacy Policy. By using this website, you agree to the use of cookies unless you have disabled them.