creditor

A string of failed business ventures frequently left him in hock to his creditors.

Have you at any time been a party to a deed of arrangement or entered into any other form of arrangement or composition with your creditors?

Taken aback , policymakers now seem unsure how much protection to offer creditors of other basket-cases.

In the event of a liquidation, creditors now trying to increase their incremental recoveries would get nothing.

If the $190, 000 had never been paid, he would have been importuned by his creditors.

With a falling dollar now eroding the value of its debt, abuse of that privilege has won the U. S. few friends among its creditors.

"I closed down and went into hiding from my creditors. It all happened again: I'd been well off one day, a pauper the next. "

True, it is possible for an ever greater share of the debt to be assumed by governments, so bailing out private creditors.

Private creditors, 'who make a lot of money on some government bonds, ' will have to share more of the risk going forward, she said.

if the claim to be used as the capital contribution involves two or more creditors, having the unanimous consent of all such creditors; and.

He's gone, and forgot nothing but to say farewell to his creditors.

They, at least, should be first in line among the pre-bankruptcy creditors to be paid.

Its creditors and former clients are focused on the more practical question of what can be salvaged from the wreckage.

In the case of a company, the court may order its assets to be liquidated so that creditors can be paid.

Liabilities represent the debts owed to others known as creditors, and are referred to as "payables" .

One of its biggest creditors is Royal Bank of Scotland, which recently became a ward of the British state after a bail-out of its own.

Creditors forced sales -- you know, "Come up with the cash or we're going to have to liquidate you. "

But such creditors are just as keen on extracting their pound of flesh (in terms of economic reform) as the private sector.

Ms O'Neil said the next two weeks before the second creditors' meeting should be used to explore every opportunity to save the company.

If his house rises in value over the next five years, he will have to take out a further mortgage to pay back other creditors.

Payments to ordinary creditors of the company would depend on the sale of the MG marque, he said.

The president criticized the creditors, who he said held out for the prospect of an unjustified taxpayer-funded bailout.

The rogue of a dealer she'd offered to sell her furniture to, had been to see her creditors to ask how much she owed them.

Britain is one of Ireland's main trading partners and creditors, so it has good reasons not to want its neighbour to go under.

G. M. was one hundred seventy-two billion dollars in debt. Now creditors will learn who gets repaid and how much.

I would like to ask : If I pay to the creditors , the court will then receive my house mandatory?

It shows what the business owns and what it owes to its creditors or its owners. A business is always in a state of equilibrium.

Wachovia's creditors were spared that fate in the bank's equally rushed sale to Citi group a few days later.

Harrah's Entertainment, a Las Vegas-based casino, is trying to persuade creditors to renegotiate its payment terms to avoid a default.

When the creditors demanded their money, they were fobbed off with a promise to pay them when he received his rents at the end of the month.

Hyundai Motor said it expected the creditors to deal with the matter fairly, in accordance with law and bidding regulations.

While adding some names to the list, I soon began to see how complicated it is to determine who are our karmic creditors.

The aim of the bail-out is not to save creditors, but to allow losses to be handed out to them in an orderly fashion.

What creditors do not yet know, however, is whether the United Arab Emirates is capable of a co-ordinated response to Dubai's debt woes.

Where the supervisors resolution disagrees with that of the creditors conference, the resolution of the creditors conference shall prevail.

The scale of the borrowing inspired "shock and awe" among the creditors, according to a person familiar with the matter.

Such a move could spark a credit run, as panicked creditors attempt to sell Treasury bonds before a dollar collapse.

The Company shall be liable to its creditors to the extent of its assets.

And a time limit of not less than one month shall be set for the creditors to file opposition.

GM filed for court protection from creditors after spending months trying to restructure its business plan to become profitable.

It would not take much of a disaster to bring such leveraged entities close enough to insolvency to panic uninsured creditors.

The menu of options seems to have been tailored to suit the accounting regimes of various creditors.

As you say, creditors are roosting in trees like vultures waiting to swoop down on anything valuable.

One potential answer is to set up a clear system for haircutting creditors to financial firms, to inject market discipline into the system.

If correct, it could bankrupt the company, leaving it unable to pay creditors or accident victims their due.

Government pays fix or floating interest to creditors twice a year, which is called instalment.

For sole proprietorships and partnerships, the owners have unlimited liability to creditors and for other debts of the company.

Instead they preferred to leave Ireland with a bigger burden but senior creditors whole.

Until the late 1990s the biggest creditors, especially in Europe, were banks, which had first claim on a defaulter's assets.

In taking full control of the bank, it promised to take all necessary steps to protect the rights and interests of creditors and depositors.

The serious answer is that the economic and financial health of sellers and creditors cannot be divorced from that of buyers and debtors.

So alongside the bad-tempered bargaining among politicians, there was an equally arduous negotiation with Greece's creditors.

However, even if Nakheel's creditors were to win in an English court, the judgment would be re-examined in Dubai.

The creditors will transfer the shares of the bank to a special purpose vehicle they control.

The pain would be more acceptable if the creditors acted as if they believed they faced an existential threat.

With so many borrowers around the world constantly being told "no" by their creditors, here, finally, was a bank that liked to say "yes" .

Part V expounded China's one-person legal protection of the interests of creditors of the company improved the system.

Unforeseen inflation tends to favour debtors and profit receivers at the expense of creditors and fixed-income receivers.

As federal debt climbs, an ever-greater fraction of the budget goes just to pay interest, much of it to overseas creditors.

Provided it is possible to ensure that shareholders and creditors bear financial losses, that need not be an issue.

He's gone, and forgot nothing but to say farewel to his creditors.

China's authorities now admit what was always obvious: many of these projects will fail to raise enough revenue to repay their creditors.

Today, as a result of this last crisis, we see, at the core of the system, behemoths whose creditors know they are too significant to fail.

Mr Papandreou's departure from office, and perhaps from politics, would not make Greece's relations with its creditors any easier.

"Greece is not having an easy time, " he told the FT. "The mostly European private creditors of Greece have had an easy time. "

Much of the money would be recovered from Landsbanki's assets, at the expense of other creditors.

Creditors will pay attentions on corporations' LONG. term solvency to see if their rights can be guaranteed.

Mr. Paulson has been snapping up bargain-priced debt of Lehman and is now one of its biggest creditors.

Auto payments are often used for utility bills and loan payments but are becoming popular with other creditors AND debtors.

Rebecca's object in her journey to London was to effect a kind of compromise with her husband's numerous creditors.

"Asset Substitution" , denoted by over-investment in general, is one of the main forms of conflicts between shareholders and creditors.

He said that the cost of future failures would fall on shareholders and creditors.

He must be hoping America's creditors will be patient and that the president's health initiative passes this year.

It is hard to see how the deadlock with holdout creditors can be broken.

But a crucial part of the deal was the divide between private-sector creditors and official lenders.

In my view, the policy response to this point has been ad hoc, resulting in inequitable outcomes among firms, creditors, and investors.

If it does not allow creditors rights, the right to preserve will conquer.

Any government loans should be cumulative preferred debt: the taxpayers get paid before any other creditors receive a dime.

Users of financial reports include investors, creditors, government and its relevant departments as well as the public.

We already have animplicit form of deposit insurance: It's clear that creditors of shadow bankswill be bailed out in time of crisis.

Its primary intent was to protect creditors and consumers from fraud by informal stores that popped up during the Great Depression.

Firstly , entering a program will effectively involve tearing up the credit agreements you've signed with your creditors .

A list of creditors of Mr. Madoff's bankrupt firm was also filed with the court, as well as a list of employees.

My two main creditors agreed to defer payment for a couple of months, but not before I sold my car and most of what I owned to raise money.

The franchises could, therefore, overturn the PRA because they had become creditors of Mr Johnson within two years of the PRA being signed.

The fact that the US borrows entirely in its own currency makes deficits safer for itself, but riskier for its creditors.

Unless an agreement can be reached with creditors to pay or delay that debt, the company could default.

Lehman Brothers was formally bankrupt: the papers had been filed and the long list of unsecured creditors lodged.

Creditors have periodically imposed monetary anchors in an attempt to defeat the borrowers' lobby.

In a debt-for-equity swap, a company's creditors generally agree to cancel some or all of the debt in exchange for equity in the company.

In a market economy environment, the bankruptcy law is a judicial framework to solve the disputes between the debtor and its creditors.

The new law aims to emulate the U. S. 's practice of encouraging creditors to help revive distressed businesses.

For a sovereign to destroy its own credit, to save creditors of its banks, is plainly wrong.

Mr Paulson's promise did not resolve the uncertainty owners and creditors faced about the soundness of their own investment.

The author Balzac is said to have escaped his creditors by hiding out in the tunnels.

The creditors have the money and therefore the ear of the political elite; the borrowers tend to have the votes.

Chrysler filed for bankruptcy protection last week after it failed to win a debt-reduction agreement from some of its creditors.

But they particularly hurt investors that levered up in the good times and now have to keep creditors at bay.

He needs to convince Americans and their creditors that this country isn't becoming the world's largest subprime borrower.

Creditors will have to ask themselves whether that is their best option, given that bankruptcy would wipe out the value of their new shares.

Both dividends paid to shareholders and the relationship between the interests of creditors, related to the company's future development.

instead, the owners' rights and interests are ended and the company's creditors are left with ownership of the newly reorganized company.

As metals prices continued to fall, Mr. Deripaska's empire seemed the most vulnerable to seizure by creditors.

The creditors argue that this scheme would deprive them of their best chance of repayment.

Argentina unveiled the terms of its long-awaited offer to creditors who chose not to participate in its first debt restructuring in 2005.

In more normal times, most distressed companies would work things out with their creditors in private restructuring processes.

Usually this takes the form of assuring creditors that the risks of a bank, a company or a dodgy credit derivative are really minimal.

It sent markets across the planet tumbling, last week, when executives asked creditors for a six-month extension on repaying its debts.

Yet footballers are not the only creditors to enjoy bargaining power with the administrator.

The creditors make loans to corporations in the form of trade accounts, notes, or bonds, on which they receive interest.

The chairman of the creditors meeting is designated by the people's court from among the creditors with the right to vote.

Compared the company's capital increase, the reduction of company's capital will possibly affect the company's shareholders and creditors.

This was a significant announcement, and will provide Greece and its creditors with breathing space.

Yet creditors believe it: if everybody were a creditor, we would have no unpaid debts and financial crises.

But in its haste it has vilified creditors and ridden roughshod over their legitimate claims over the carmakers' assets.

More generally, during the crisis runs of uninsured creditors have created severe funding problems for a number of financial firms.

Creditors, as well as taxpayers, are waking up to the scale of the problem.

In its prospectus, the company acknowledged that creditors might find it "difficult or impossible" to pursue claims.

The battle between borrowers and creditors may be the defining struggle of the next generation.

He tried to pacify his creditors by repaying part of the money.

Guarantors of the debtor, after having repaid debts on behalf of the debtor, may be deemed creditors, and enjoy the right to vote.

Official creditors would, by then, have to bear a substantial part of the total losses.

Some creditors could insist that the company is worth more to them in liquidation than as a going concern.

JAL's expected filing for court protection from its creditors is one of Japan's biggest corporate failures.

Or they could bail it out, rewarding creditors and counter parties at the expense of taxpayers (AIG).

Creditors must recognize that "they cannot hold out for the prospect of endless government bailouts. "

His advice: Negotiate with creditors to pay what you can. Then, when you're debt-free, work on saving some money that you can use to invest.

Thanks to its reputation, AHAG may have escaped the closer scrutiny a lesser name would have expected from its creditors.

The collapse of Bear Stearns was triggered by a run of its creditors and customers, analogous to the run of depositors on a commercial bank.

But it is not clear it needs to cover other creditors of a bank, as the failures of IndyMac and Washington Mutual attest.

If the rest of the EU is determined to protect senior creditors, it should surely share in the cost of doing so.

Electorates are likely to chafe at the cost of bringing down government deficits, especially ifthemain result is to repay foreign creditors.

All that's very nice, very poetic, but it's not coin you can pay off creditors with.

Policy loan is a consuming loan contract with creditors right pledge with its objective of the cash value of insurance policy.

So the leader of China's nest tells America: "We, your creditors, insist you stop borrowing, just as European grasshoppers are now doing. "

US Airways' employees apparently expect its creditors or the federal government to bail it out again.

After a lot of talk, Ireland's bail-out package, led by the European Union, did not impose losses on creditors.

If creditors of these businesses cannot suffer significant losses, this is not much of a market economy.

"A creditors' committee will be appointed by the court to supervise the work of the administrators, " says Ms Tsang.

Cash flows from financing activities - This section measures the flow of cash between a firm and its owners and creditors.

The purpose of the Bankruptcy Code is to reorganize or liquidate a failing firm "for the benefit of its creditors" .

Old Williams went bankrupt, and was sold up by his creditors.

Quantitative easing, as it is called, poses a grave danger to Britain's creditors.

Suppose creditors feared that the government might be unable to borrow such vast sums.

When several creditors collapsed, the bank's shares plummeted.

Reducing this risk means moving soon to restrain the long-term budget deficit so creditors are less likely to bolt.

Bankruptcy is a legal mechanism for liquidating or reorganizing an insolvent entity in a way that maximizes value for the creditors.

It has already faced at least one margin call from creditors.

The stay gives hope to the last group of creditors who oppose the terms of the bankruptcy settlement.

The role of the US dollar in the international financial system is beneficial to the US and harmful to its creditors.

That is a problem, especially in the long run, if creditors decide that the United States lacks the intention or ability to pay its debts.

By not selling some assets at fire-sale prices, the estate will be able to recoup much more money for creditors, notes Mr. Marsal.

A creditors committee said an offer of at least $252 million from a group of liquidators made for a better deal.

Investors, managers and major creditors are anxious to see the latest available income statement.

One of America's largest media companies has sought protection from its creditors in bankruptcy court.

So I pay myself fIrst, Invest the money, and let the credItors yell. I generally pay them rIght away anyway.

California IOUs differ from Depression-era scrip in a key respect: They are made out to individual creditors for specific amounts.

The subordinated debt would be unsecured; holders would stand last in line among all creditors in the event that a bank had to be shut down.

Creditors' total demands could not be satisfied by the sale of all the company's property.

but we expect creditors to send representatives to agree to amounts for settlement at least three days prior to calling for their cheques.

China, like most of the U. S. 's foreign creditors, wants serious action on cutting Washington's monstrous budget deficit.

creditors look at the hands of the ring, and then at his wife firm eyes away.

His merchandise had been bought on credit; once it was confiscated, he couldn't sell it to pay his creditors back.

Our creditors are demanding payment and the banks are refusing to lend us any more money. I'm afraid we're having our backs to the wall.

Domestic creditors can be taxed; repaying one's own citizens is easier to do than handing large sums over to foreigners.

Another option is a "re profiling" , whereby creditors agree to a voluntary extension of the maturity of their bonds.

Lehman revised its plan after bondholders complained that it favored large bank creditors of the derivatives business over other creditors.

The procedures for the creditors' meeting shall be determined by the liquidation committee and the creditors through negotiation.

Investors, creditors, boards and regulators need not base decisions on biased values of a company's financial assets and liabilities.

Having any act seriously damaging the interests of the company or creditors.

Working with the creditors to see if a resolution can be made without police involvement.

If the automaker issues more shares to its creditors, existing shares would essentially drop to penny stock level.

Just as voters cannot repeal the laws of gravity, they cannot insist that foreign creditors lend them money.

But what value, if any, will remain for creditors of the Cayman Island holding company? That's a bit unclear.

Members of the Greek parliament have passed a second austerity bill securing continuing financial support from international creditors.

An appeal by some Chrysler creditors may delay this by a few days.

When a business goes bankruptcy, most of its creditors can collect only a portion of the debt owed to them.

There are the loans to lenders made during the crisis by the central bank, which must now queue up with other creditors of the "old" banks.

One of its largest creditors is MassDevelopment, a state agency, according to the bankruptcy filing.

The government may be able to avoid the mess by persuading long-term creditors to swap their debt for equity, at a loss.

Members of the Greek parliament have past a second austerity bill, securing continuing financial support from international creditors.

Since 1971 most countries have had the right to repay creditors in money they could print at will.

At Chrysler, bankruptcy would be used to force new labor contracts and rework debt deals with secured creditors.

Kuwait's Investment Dar said it signed an agreement with creditors and investors to freeze claims and give more time to thrash out a deal.

Thus, our creditors' nervousness about the eventual debasement of the U. S. dollar has some increasing validity.

where there is an arbitration agreement between the creditors and the enterprise, the agreement shall be submitted for arbitration.

The circumstances of the reorganization of the enterprise shall be periodically reported to the creditors' meeting.

The answer is: only if the creditors countries facilitate adjustment in the global balance of payments.

It does a disservice to that nation's citizens and private creditors, and to the taxpayers across the world who provide IMF funding.

There is no priority between a real right and a creditors right.

But they extracted a price: Greece's private-sector creditors will accept a bond exchange that gives them less than originally promised.

Whether you are kissing up to your boss or negotiating with your creditors, this is simply not the life you imagined for yourself.

Unlike companies, countries cannot officially go bust so their creditors don't have the benefit of a clear insolvency framework.

carry on business under a receiver, trustee or manager for the benefit of his creditors.

When you become a business owner, your customers, suppliers, creditors, partners and a lot of other people will become your new "bosses" .

Creditors get some of the proceeds, but would not be made whole.

The most unusual and significant set of interventions were the on-again, off-again rescues of financial firms and their creditors.

Greece is being asked to do what Latin America did in the 1980s. That led to a lost decade, the beneficiaries being foreign creditors.

Jackson's house was set up for auction by his creditors.

Creditors have a legal claim on the personal assets of the owners of a corporation if the corporation does not pay its debts .

Now creditors at least know something about its debt standstill.

But a similar logic applies to distressed governments, especially where sharing pain with creditors is concerned.

Creditors of Hollywood's legendary MGM studio have voted in favour of a bankruptcy plan offered by US firm Spyglass Entertainment.

The main exit to strengthen market regulation and institution building, improve the system of protection of creditors.

The problem for creditors was that the floating -rate system was based on fiat (paper) money.

Should those nations have increased borrowing just because, for a fleeting moment, creditors were feeling generous?

An orderly default is equivalent to restructuring debt -- whereby creditors accept a loss while debtors agree to pay most of its debts.

GM is looking to offload Saab and is seeking court protection from creditors similar to a U. S. -style bankruptcy.

He was also advised that the transfer might make funds held by the Central Bank abroad vulnerable to claims by creditors.

Other expenses incurred in the maintenance of the legitimate rights and interests of creditors and investors during the liquidation.

I certainly hope so. We have to keep the investors happy, not to speak of creditors, unions and really, everyone.

Yet Congo's historic western creditors are reluctant to write it off only to see new debt contracted to China on commercial terms.

If the risk is not found in time, and enterprises do not take the effective measures, investors and creditors will face the massive loss.

Advisers talk of shorter periods before creditors seek legal redress and a refusal to negotiate until forced .

He compounded with his creditors for a remission of what he owed.

Chung Ju-yung's empire began with E& C, but it has been owned by bank creditors since the financial crisis in the late 1990s.

Northern creditors recoiled as they increasingly doubted the ability of the blighted economies to repay the debts they had amassed.

The part of conciliating creditors rights that are not liquidated shall be exercised as bankrupt obligatory rights.

Worse, if the dollar falls too far or too fast, foreign investors and creditors will lose confidence in the U. S. economy.

Last summer, California issued $3bn of IOU's to creditors including residents owed tax refunds as a way of staving off a cash crisis.

The hard part is designing a system that enables a speedy agreement from creditors on how big a loss they are prepared to accept.

Furious at enforced cuts across the welfare state, he accused the IMF of acting only in the interest of international creditors.

However, this transference to a third-party trustee is exactly what makes the assets of the trust so secure from creditors.

New creditors are therefore willing to step in and fund operations while restructuring takes place.

The liquidation committee may call meetings of creditors if it deems it necessary.

Nothing in this section shall be held to modify any right of creditors to set aside any assignment on the ground of fraud.

Faced with a near collapse they are far more likely to give banks' creditors a guarantee than to hurt them.

The private-equity firm retaliated by warning investment banks that they would be blacklisted if they funded the creditors.

A receiver is appointed by creditors to take control of the assets of a bankrupt or insolvent company.

eg. But a credible threat of bankruptcy could scare creditors into negotiation, to avoid bigger losses.

In the United States, Europe, and elsewhere, we have seen unprecedented assurances to bank depositors and creditors.

It may be too late for Chrysler's secured creditors and if GM's lenders cannot reach a voluntary agreement, they may face a similar fate.

Other forms of restructuring might be less costly for private creditors.

Circuit City's move was meant to stave off lawsuits from anxious suppliers and creditors and let it restructure with a court's help.

Legal entities properties right is a set of rights, including rights in rem, creditors rights, intellectual properties, and other benefits.

The automaker faces objections and questions from its creditors committee, a group of dissenting bondholders and others.

The creditors have sent subpoenas to banks that work with Argentina, asking for details of its commercial activities worldwide.

The debtor or administrator shall give an explanation of the draft plan for reorganization at the creditors' meeting and answer inquiries.

When are distributions likely to be made to creditors?

The rump bank may well go bankrupt and the creditors will have to see what they can salvage - which will include shares in the bridge bank.

Like euro-zone members, American states may not declare bankruptcy and cannot be sued by creditors.

As markets tighten, creditors will also be less willing to refinance wobbling companies.

America still has enough credibility to charter a more profitable path that would impoverish its creditors slowly.

MLB argues that since the deal would give creditors far more than the $75m guaranteed by the Rangers, a judge should approve the sale.

However they are the last to receive money after the creditors, bondholders and preference shareholders are paid.

Bankruptcy will simply allow it to deal with creditors equitably and settle claims more quickly than in a trial.

What is needed is a clearer line between creditors who would bear loss when a bank fails and those who would be protected.

The power of the creditors is simple: in the absence of their support, deficit countries will be driven into default.

Ordinarily, the aforesaid remuneration plan shall not be adjusted unless an objection stands at the creditors ' meeting.

To understand this, it's worth a brief historical review of the problem facing major U. S. creditors in the late 1970s.