Sentence examples for classes of creditors from inspiring English sources

Intercreditor agreements generally govern the rights of multiple classes of creditors vis à vis each other.

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

A single entity consists of multiple protected cells, each cell securing obligations to different classes of creditors.

A McKinsey partner, Kevin Carmody, provided testimony to the bankruptcy court that the plan was in the best interests of all classes of creditors.

At the session last week in Luxembourg, ministers were divided sharply over how, and whether, to give countries discretion to protect certain classes of creditors.

For much of the day, ministers were divided over how, and whether, to allow countries discretion to protect certain classes of creditors.

This would decide how much a country could afford to pay and adjudicate between different classes of creditor.

The judge asked Phillips to enumerate his justifications for why some specific classes of creditor are deemed as integral to competitive balance and not others – such as HMRC.

In bankruptcy proceedings, a majority of each class of creditors must approve a reorganization plan.

Every class of creditors entitled to vote on its plan has supported it, the company said.

The law bars a debtor from transferring funds in a way that protects one class of creditors over another.