Sentence examples for certain creditors from inspiring English sources

Apparently, there is a mechanism under Chapter 11 that, in some circumstances, puts certain creditors of the bankrupt company into a controlling or primary position before the court.

Debtors on the eve of bankruptcy, either of their own volition or under pressure, may accord preferential treatment by way of payment or security to certain creditors.

But the proposal would give the F.D.I.C. board some flexibility to make payments to certain creditors if the payments were for "essential operations," or help to maximize what can be later recovered from the company's assets and minimize losses.

These acts, which vary among statutes, include public manifestations of insolvency as well as conduct that endangers the collectibility of debts or entails preferential treatment of certain creditors by an insolvent.

If creditors elect to sell, some of the money will be used to pay off certain creditors while the rest will be set aside until remaining disputes are resolved.

Mr. Batson's report, which was filed on Jan . 21and unsealed yesterday, sets the stage for a battle in the Enron bankruptcy, as creditors fight to determine which entities -- including some partly owned by certain creditors themselves -- should always have been treated as part of the company.

WALL STREET JOURNAL Broad Mediation Ordered in WaMu Bankruptcy  |  Bank holding company Washington Mutual has been told it must engage with certain creditor groups before proceeding with its reorganization plan, a bankruptcy judge ruled Thursday.

Arcapita began discussions about its $1.1 billion credit line three weeks ago, hoping to extend it by three years, but could not reach agreements with "certain nonbank creditors".

"I am certain the creditors' requests will exceed the proceeds that come in from advance ticket sales or the 80 sponsors, and whatever revenue is coming in from other sources," he said.

"We have worked very hard with certain key creditor constituencies to develop a plan that will provide the reorganized Conseco with a capital structure that can be supported by cash flows from ongoing operations," William J. Shea, Conseco's president and chief executive, said in the statement.

Sweden won leeway for even more flexibility to make exemptions to certain classes of creditors in exchange for other commitments.