With Spain's economy struggling to stay afloat amid the world financial crisis, executives from smaller, debt-laden clubs warn that the workload for bankruptcy courts is bound to rise.
Either way, most credit analysts say CIT looks bound for bankruptcy.
Some of his biggest customers, U.S. chains like Macy's and Bloomingdale's, were bound for bankruptcy protection.
While the Supreme Court's case law is a bit unclear on this point, it is not certain that Calpers is bound by the bankruptcy court's decision anyway, which leads to further imponderable questions centering on the question of whether a plan that Calpers didn't like would be binding on Calpers.
The FCC is now fighting in court to establish itself as a special entity not bound by the bankruptcy court's protection of Nextwave from its creditors.
The liquor flowed, and the bones kept breaking.It was all bound to end in tears, bankruptcy, divorce and the serious battery of his press officer with an aluminium baseball bat.
TWA never really recovered after one of its Boeing 747s exploded and crashed in 1996 just 12 minutes after takeoff from New York's JFK airport on a flight bound for Rome; the carrier eventually filed for bankruptcy in 2001.
Despite Mr. Bethune's assurances that Continental will not be the first to declare bankruptcy, it has some problems that put it in more of a bind than rivals like Delta Air Lines or American.
Based on trust and often little else, guanxi financing has devastated the villages and townships of Shanglin, whose residents are now bound not just by blood and sweat but by bankruptcy as well.
Others say the recent court decisions give bondholders too much leverage in the form of veto power over debt negotiations, which is bound to complicate restructuring efforts and could force more companies into costly Chapter 11 bankruptcy.
