Sentence examples for creditor's entitlement from inspiring English sources
The value of the secured creditor's collateral may increase, but the secured creditor's entitlement to any bankruptcy-created value extends only to "identifiable proceeds" – value that can be traced to assets encumbered on the petition date.
Take Nozick's entitlement view.
Jones told parliament under privilege Palmer had been part of a deliberate exercise not to pay creditors or staff entitlements to hundreds of employees.
That that's an entitlement".
The terms "equitable principles" in Article 9 and "equities of the case" in Chapter 11 refer to equitable tracing principles that, in turn, inform secured creditors' "fair and equitable" baseline entitlement in a Chapter 11 plan.
It is America's creditor.
"Trustees need to ensure that contributions to the scheme feature prominently in their employer's considerations and that its legal obligations to the scheme as a creditor are recognised ahead of shareholders with no legal entitlement to dividends, but who may exert pressure on the employer to obtain them," it said.
In fact, there are several hundred years of "custom" that requires endorsement of notes at the time of transfer, with a clear chain of title to ensure that anyone who claims to be a creditor, and who tries to seize someone's home, has clear documentary proof of entitlement.
Choosing guns and butter--and trillions of dollars for a new entitlement program--put America's future in the hands of foreign creditors.
