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FRIA TABLE

Involuntary Pre-Negotiated Out-of- Involuntary Liquidation by Petition for Suspension of


Rehab Rehab Plan by Court/Informal Liquidation by Insolvent Debtor Payments by Insolvent
Proceedings by Insolvent Debtor Rehab Plan Creditors Debtor
Creditors or Jointly w/
Creditors
1M aggregate Creds holding 2/3s 67% obligations Debts amounted Debts exceeding 500k Creds holding claims amounting
claims or @ least of the total liabilities of secured to at least 500k to at least 3/5 of the liabilities
25% Subscribed of the debtor, creditors Assets insufficient to shall be necessary for holding a
Capital Stock cover liabilities meeting.
Secured creditors 75% oblis of
Demandable holding more than unsecured creds The creditors and individual
payments not 50% of the total debtor shall discuss the
made within 60 secured claims of 85% of total propositions in the proposed
days the debtor liabilities agreement and put them to a
vote
Unsecured creditors
holding more than To form a majority, it is
50% of the total necessary--
unsecured claims of
the debtor. 2/3s of the creditors voting unite
upon the same proposition; and

Claims represented by said


majority vote amount to at least
3/5s of the total liabilities of the
debtor mentioned in the petition

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