BANKRUPTCY
TPI Lives Again

EMPLOYEES of the TPI television station can at least breathe easily again. This is because the effort of the creditor, Crown Capital Global Ltd, which declared PT Cipta Televisi Pendidikan Indonesia, the owner of television station TPI bankrupt, failed after the council of appeal judges at the Supreme Court repealed the bankruptcy of this company. One of the reasons was that “Proof of the TPI debt was not simple,”