Your English writing platform
Discover LudwigSuggestions(1)
Exact(2)
"A Chapter 11 filing may ultimately be the means to implement any restructuring proposal agreed to with our creditors," NRG's chief operating officer, Richard Kelly, said in a statement, adding that it had no immediate plans for such a move.
It has been approved by parliament and the PRA is clear it will stamp on any restructuring proposal from a bank that seeks to dodge the spirit of the rules.
Similar(58)
Under a restructuring proposal orally agreed upon last week, Covad would pay bondholders 19 cents in cash for each dollar of face value of the bonds they hold.
It may do so by calling up the debt that it owns, by blocking a restructuring proposal or by refusing to waive covenant breaches.
DealBook R.B.S. Proposes 'Souped-Up Version of the Volcker Rule' | In a report to Britain's Independent Commission on Banking, the Royal Bank of Scotland has put forward a restructuring proposal that would require British banks to ring-fence their speculative operations from their core functions, Sky News reports.
Ex. 5 (Restructuring Proposal) 6-7 (emphaddedadded).
Under the restructuring proposal creditors will get their money back but after a delay.
When the Restructuring Proposal was executed, Black did not perform the duties he had undertaken.
The $28 million in Boston's restructuring proposal would have covered that.
The court also found that Black, operating as principal and agent of Inc., had violated the Restructuring Proposal.
It also rejected Black and Inc.'s arguments that they were fraudulently induced into entering the Restructuring Proposal.
Write better and faster with AI suggestions while staying true to your unique style.
Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com