Sentence examples for creditors approved from inspiring English sources

Although creditors approved an "enhanced" debt-relief scheme for Bolivia in June, more is needed to get the economy moving.

The move comes after creditors approved a plan to restructure its $4bn£2.5bnbn) debt under the protection of insolvency courts and place the company under new management.

The initial report stated that MGM was placed under bankruptcy protection after creditors approved a plan to restructure its $4bn£2.5bnbn) debt and place it under new management.

The retailer is still trying to obtain emergency funding almost four weeks after creditors approved a survival plan that involved landlords accepting deep cuts to the rent on stores.

Ann Budge aims to complete a £2.5m takeover after creditors approved the sale of shares.

Businesswoman Anne Budge aims to complete a takeover of Hearts after creditors approved the sale of shares and she took in the victory over County at Tynecastle.

The report states: "That the creditors approve the remuneration, expenses and outlays of the joint administrators in respect of all accounting periods not previously approved, being, in respect of remuneration only, £2,930,644 for the period 14 February 2012 to 29 June 2012 and £191,039 for the period 10 August 2012 to 14 September 2012".

Last month, the creditors unanimously approved an agreement bringing the property out of bankruptcy.

Creditors recently approved a $250,000 retention payment for him after severance payments were denied to hundreds of former employees, according to a recent bankruptcy court filing.

AK Steel said yesterday that it had increased its offer for the bankrupt National Steel Corporation by $100 million, to $925 million, and National said its major creditors had approved the proposal.

Ssangyong Motor, a Korean company that makes sport utility vehicles, said its creditors had approved a one-year extension on repayment of 2.2 trillion won ($1.7 billion) in debt.