-- Toridoll (TYO:3397) said creditors approved a restructuring plan for UK subsidiary Franco Manca 2 UK under a company voluntary arrangement process, according to a Thursday filing on the Tokyo Stock Exchange.
The restructuring plan cleared a creditors' meeting held on May 5 after meeting approval requirements under UK insolvency law.
Franco Manca 2 UK, a subsidiary of The Fulham Shore, will continue restructuring operations under the approved plan while maintaining business operations.