If the debtor do not submit a reconstruction plan, the court will need an expert to investigate the debtor and ask for an opinion on whether it is worthy of bankruptcy, and will make a decision based on that opinion.
The company submitted its first plan of reorganization on October 26, 2009 and gained approval from the U.S. Bankruptcy Court on its amended disclosure statement on December 22, 2009.
The procedure for a creditorcomplaint is the same as that for not submitting a reconstruction plan, but in this case, there will be a nine-day opposition period.
Within the next few months, Congress proceeded to work out a plan for the reconstruction of the South quite different from the one Lincoln had started and Johnson had continued.
Almost as soon as Pompeo started talking about his plan to rebuild North Korea's economy, Kim Kye Gwan, the North's first vice foreign minister, shot back that Pyongyang has no interest in that kind of help, saying,“We have never had any expectation of U.S. support in carrying out our economic construction and will not at all make such a deal in future, too.”.
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