Over three quarters of the creditors of the Belgian firm L&H - LERNOUT & HAUSPIE have approved the company's recovery plan. The plan presented by the managing director, Philippe Bodson, provides either for the sale of assets of the "vocal and linguistic technologies" division of L&H or for the creation of a new company provisionally called NEWCO, where the assets would be integrated and whose creditors would become shareholders. The company would nonetheless need the injection of at least...