JAL Bankruptcy Proposed As Option to Banks
Posted on: December 28, 2009 by PEHub AdministratorNo Comments »
TOKYO (Reuters) – A state-backed turnaround fund may seek to put Japan Airlines Corp through bankruptcy court as part of a restructuring of the struggling carrier, two sources with knowledge of the matter said. JAL applied in October to the Enterprise Turnaround Initiative Corp of Japan, a fund established this year to help revive firms [...]

