A committee representing most of the creditors of Kuwait's Investment Dar has threatened to quit if the company doesn't consider its new debt restructuring plan, Dar said on Sunday.
Investment Dar, the Islamic firm which owns half of British luxury carmaker Aston Martin, said in a statement that the plan was not acceptable to the firm and it will now go to court to resolve the dispute.
Dar has been trying to restructure about KD1 billion ($3.55 billion) in debt since last year after the investment firm was hard hit by financial crisis. It applied in March for support under a government facility set up for troubled companies as part of a debt restructuring.
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