Fron the BBC.
MyTravel rescue deal to go ahead
A High Court judge has ruled that holiday firm MyTravel can restructure without bondholders' approval.
The company had put forward a deal to restructure £800m ($1.47bn) of its debt through an equity swap that will leave bondholders with an 8% stake.
MyTravel's bondholders had rejected the deal and the court said that it blocked the deal on a technicality.
MyTravel, whose brands include Airtours and Going Places, is due to present a revised plan to the court at 2pm.
The shareholder meeting will be held in December and the restructuring will be in place by the end of the year, the company said.