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                    [ArticleID] => 134456
                    [Title] => NSC may go back to liquidation mode
                    [Summary] => The government may be forced to go back to "square one" in its effort to resolve the fate of National Steel Corp. (NSC) even as bids are expected to be received for the lease of the steel firm’s Iligan plant.


Securities and Exchange Commission general counsel Eugenio Reyes said the liquidation plan for NSC will remain in effect while the lease proposals are being reviewed by the NSC evaluation committee which is composed of representatives from the Department of Trade and Industry, the SEC, SEC-appointed liquidator and the creditor groups.


                    [DatePublished] => 2001-09-22 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096615
                    [AuthorName] =>  Christina Mendez
                    [SectionName] => Business
                    [SectionUrl] => business
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ALLENGOAL AND GLENCORE

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                    [ArticleID] => 134456
                    [Title] => NSC may go back to liquidation mode
                    [Summary] => The government may be forced to go back to "square one" in its effort to resolve the fate of National Steel Corp. (NSC) even as bids are expected to be received for the lease of the steel firm’s Iligan plant.


Securities and Exchange Commission general counsel Eugenio Reyes said the liquidation plan for NSC will remain in effect while the lease proposals are being reviewed by the NSC evaluation committee which is composed of representatives from the Department of Trade and Industry, the SEC, SEC-appointed liquidator and the creditor groups.


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abtest

NSC may go back to liquidation mode

By Christina Mendez | September 22, 2001 - 12:00am

The government may be forced to go back to "square one" in its effort to resolve the fate of National Steel Corp. (NSC) even as bids are expected to be received for the lease of the steel firm’s Iligan...

Business