MOST shareholders and creditors of Essbee Packaging have accepted proposals from the company's examiner. The restructuring plan from examiner, Mr Paul Mackay, includes an investment or around £200,000 from new shareholders. The unsecured creditors have agreed to forego around £400,000 of their bad debt. They will be paid 15p in the pound. Secured creditors, who are owed a further £400,000, have agreed to have the debt repaid over a period at a discounted interest rate. However, the main creditor the Revenue Commissioners has not agreed to accept repayment of their debt of £105,000. Before examination the company owed its creditors around £1 million.