I think its the opposite - "creditors resolved that the Second Meeting be adjourned for a period of up to 45 business days to allow the Administrators further time to negotiate the Proposed DOCA and report to creditors on its revised terms. It is the Administrators’ intention to expeditiously conclude negotiations and report to creditors with a view to reconvening the Second Meeting as soon as practicable. We will provide creditors a minimum of 5 business days notice of the reconvened Second Meeting."
to me it sounds like creditors are fairly happy with the administrators proposal and that there is a just little bit of fine tuning to be done, could see the second meeting in the next couple of weeks IMO.
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- Ann: Notification of Adjournment of Second Meeting of Creditors
Ann: Notification of Adjournment of Second Meeting of Creditors, page-7
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