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Creditors hold sway

Language: English Series: Financial Times ; 23 November 1992, 17(1)Publication details: 1992Subject(s): Summary: Olympia & York has successfully put off a creditors` meeting until the new year but creditors have stipulated that they should be free to seize their collateral if they do not agree with O&Y`s proposals.

Olympia & York has successfully put off a creditors` meeting until the new year but creditors have stipulated that they should be free to seize their collateral if they do not agree with O&Y`s proposals.