Sentence examples for TDT from inspiring English sources

The Tchenguiz Discretionary Trust (TDT) has agreed to surrender control of the money to administrators overseeing the assets of failed Icelandic bank Kaupthing in an out-of-court settlement.

The new law allowed Mediapro to promote its pay soccer channel to TDT viewers just as the league season started, hurting Prisa's own satellite-TV channel, Digital+.It also came as the family-controlled Prisa group struggles with a €5 billion debt caused by a badly timed partial buy-out of its Sogecable TV unit.

The "scandalous and abusive" TDT law was, it thundered, aimed at "satisfying the interests of a group of friends".

The editor of El País, Javier Moreno, says not, pointing to critical editorials before the TDT row.

Investors included Apax, Barclays Capital, the TDT and Kaupthing.

Now, however, TDT trustees have abandoned their defence, agreeing a settlement that saw them promise to release all Somerfield proceeds, frozen in the Caribbean, back to Kaupthing administrators.

TDT trustees Investec and Bayeux Trustees until recently had argued that the removal of the Somerfield stake from a collateral arrangement weeks after Kaupthing's collapse in October 2008 had been legally sound.