In the past, distress was often carried out without court approval.

He said it would "still be subject to court approval and objections."

Since most creditors have agreed to the plan, court approval is likely.

It is generally believed to be the first court approval under the new law.

A hearing on the agreement, which is subject to court approval, will be held within 30 days.

It and the club will then seek court approval, he said.

A settlement was agreed in March 2013, subject to court approval.

He was later allowed to use the name after a court approval.

The settlement is subject to court approval, the company said.

The company plan was given final court approval on 31 January 2013.