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avapro 75 mg tablet Chief Executive Wolfgang Schaefers has already said he would seek creditor protection for three months to buy breathing room if no such deal was possible and, after the expiry of a July 30 deadline, IVG now has only days left to strike a restructuring deal before court insolvency proceedings begin. If a way to a restructuring is not found, a sell-off of all or parts of the company could begin.