Court approves Wollongong creditor scheme

THE New South Wales Supreme Court has approved Wollongong Coal’s proposed scheme for secured creditors.

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Court approves Wollongong creditor scheme Court approves Wollongong creditor scheme Court approves Wollongong creditor scheme Court approves Wollongong creditor scheme Court approves Wollongong creditor scheme

It has ordered that meetings of the secured lenders that are party to the company's restructuring be convened to enable them to vote on schemes of arrangement between them and the company and Jindal