Claudia Piccinin
Claudia Piccinin
both comment court heard matter prudent
It wouldn't be prudent for us to comment on this matter before the court has heard both sides.
continue reaching talks toward
Even if we get to that point, talks would still continue toward reaching a consensual resolution.
board current felt longer plan
The board felt the current plan was no longer appropriate.
definitely hard setting time
That is definitely the deadline. This is the first time we're setting a hard deadline.
added conclusion giving leverage
It's giving us added leverage to use in our discussions and negotiations, but it's not a foregone conclusion that it will be implemented.
current given levels numbers operations profitable volume
Certainly, the numbers show that our U.S. operations are not profitable at current volume levels and, given our contractual expenses, we are not profitable in our current state.
date earliest remains
We may file, and we may not file. We have only said that Feb. 17 remains the earliest date when we would file.