News: MCS Mcaleese expects administrators will convene second meeting of creditors in Dec

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    Nov 14 (Reuters) - Mcaleese Ltd (MCS) :

    • "our current expectation is that administrators will convene second meeting of creditors in december 2016"
    • Have received draft deeds of company arrangement ("docas") proposals from secured creditors of mcaleese
    • "administrators expect resources businesses will either be sold as a going concern or recapitalised through a doca"
 
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