"We just need time from creditors to get back on our feet."
But that protection from creditors comes at a significant price.
Instead, the money will in effect come from creditors who might have otherwise received a higher return.
He seems also to have been in hiding from his creditors at the time.
"We need a change of attitude from our creditors," he said.
In addition, the company is facing claims of some $4 billion from creditors.
Last week, the company said it might have to file for protection from creditors.
For months, the city has ignored the demands from its creditors.
My belief is that he was in hiding from his creditors.
The property a woman could own and protect from her husband's creditors included slaves.