Sentence examples for creditor over from inspiring English sources

Notably, bankruptcy laws were developed because the common law contained no prohibition on preferring one creditor over another.

For instance, it could make the central bank a senior creditor over other bond buyers, who would then be at greater risk if a government defaulted on its bonds.

Some say it means that a debtor can't give preference to one class of creditor over another; others say it means that a debtor can't make individual payments on a loan unless it's current on all payments under that loan.

In a statement it said: "We believe the offer to be a blatant disregard of fairness for the bondholders who have funded this company and amounts to using taxpayers' money to show political favouritism of one creditor over another".True, if GM were to enter the bankruptcy courts, as holders of unsecured debt the bondholders could be wiped out entirely.

"Currently the board are recommending a course of action at the AGM which I believe puts the ground at risk because of the knock-on consequences of preferring one creditor over the others.

Sanders appeared to single out the IMF, the creditor over which the United States has the most direct influence.

Creditors took over Daewoo Motor after the collapse of the Daewoo group, Korea's second-largest conglomerate after Hyundai.

It has spread hopelessness in debtor countries and exasperation in creditors over unending turmoil.

The region has regularly disappointed creditors over the years, in the 1890s, 1930s, 1980s and earlier this decade.

Clearer rules are needed for how sovereign borrowers negotiate with creditors over debt rescheduling.

"They had indicated that they would be giving preferential treatment to domestic creditors over overseas creditors," he said.