June 15 (Reuters) - Interbud-Lublin SA ITB.WA :
* Said on Tuesday that due to postponing by court the
decision regarding the company's application for bankruptcy with
possibility of arrangement decided to start work on a proposal
for arrangement proceedings under Restructuring Law bill
* Said the application for proceeedings under restructuring
law applicable as of Jan. 1 is more advantageous for the company
* Said the new motion wil include, among others, updated
arrangement proposals which were not presented in its motion
dated Dec. 21, 2015
Source text for Eikon: urn:newsml:reuters.com:*:nEM1444515
Further company coverage: ITB.WA
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