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Since 1983 the firm has advised 28 sovereign debtors in 54 restructurings.
Kuttner says the pill is just as self-defeating as tossing debtors in jail.
The last debtors in the New Gaol left on March 1 , 1832
The number of debtors in New York, like just about everything else, was growing wildly.
As for the debtors, in Greece voters are drifting from the centre to the political extremes.
The second path drives many debtors in crisis countries into bankruptcy.
Similar(7)
Under the terms of the deal, Delphi's debtors-in-possession lenders — whose financing let Delphi operate while in Chapter 11 — would forgive the $3.5 billion they are owed in exchange for taking over the majority of the company, one of these people said.
Dickens lived in Southwark, and much of his family rotted in a debtors' prison in the area not much better than the Clink.
asked the author of "The Ill Policy and Inhumanity of Imprisoning Insolvent Debtors," printed in Rhode Island in 1754.
A contemporary of Shakespeare, who died on the same day - 23 April 1616 - Miguel de Cervantes Saavedra was also a writer with an interesting past: he fought the Turks at the battle of Lepanto in 1571, when a gunshot wound crippled his left hand; he was later enslaved by Barbary pirates; and he began writing his masterpiece in a debtors' prison in Madrid.
Stirner's main strategy for economic survival in this period seems to have involved changing addresses in order to evade his creditors, although he does not appear to have moved quickly enough to avoid two brief periods in a debtors' prison in 1853 and 1854.
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