date:Mar 28, 2014
aced by Dias, the company said. In order to facilitate such discussions and the have the benefit of creditor protection, the board of directors of Dias has decided to apply for voluntary bankruptcy due to threatened inability to cover its debts, which will allow Dias to be placed under immediate protective measures.
Entering voluntary bankruptcy does not prevent Dias from being able to reach an agreement with its creditors and therefore withdraw from bankruptcy.