UPDATE 1-Airopack seeks court protection as recapitalisation plan collapses

Airopack’s
recapitalisation plan collapsed as lenders including Apollo
Global Management demanded repayment following discovery
of “inadequate sales and accounting practices”, the Swiss
packaging maker said on Monday.

JEFFREY LIPTON in BARBADOS – http://feeds.reuters.com/~r/reuters/companyNews/~3/mogkpoFXBsM/update-1-airopack-seeks-court-protection-as-recapitalisation-plan-collapses-idUSL5N2061LU