Sentence examples for creditors because of from inspiring English sources

On Friday, Washington said it may file for bankruptcy court protection from its creditors because of the losses and cost overruns.

Caliber Learning Network Inc., the online training provider backed by Sylvan Learning Systems Inc., filed for bankruptcy protection from creditors because of continuing losses and mounting debts.

After the storm the laird petitioned parliament for relief of taxes and subsequently protection from his creditors because of the destruction of his estate.

Although repurchase claimants would be considered general unsecured creditors in a ResCap bankruptcy, the put-back demands would very likely be somewhat senior to those of other unsecured creditors because of their contractual nature.

If Portugal and other European debtors find it increasingly difficult to pay off their creditors because of slow or no growth, some experts predict they, too, might eventually need to negotiate debt write-downs.

But executives close to Mr. Carty were arguing that no matter what American does, no matter what labor concessions it wrings out now, there is no way to avoid seeking Chapter 11 protection from creditors because of the bleak industry outlook, he said.

Malden, based in Lawrence, Mass., was forced to seek protection from creditors again because of the high cost of paying its American manufacturing workers and difficulty servicing its debt, the chief executive, Michael Spillane, said in a statement filed with Federal Bankruptcy Court in Wilmington, Del.

But high-tech businesses have limited collateral to offer creditors, because a sizable chunk of their value is the engineers who go home every night.

Fourth, Ms. Miller is very taken with the fact that credit rating agencies have reduced the "uplift" they determine is due to government support for megabanks — i.e., they assign a lower probability of default (and losses for creditors) because there is some form of official backstop.

In economic terms, such a package would amount to a haircut being imposed on Greece's creditors, because the present discounted value of the payments they are due would be reduced.

The Detroit News reported that several creditors opted out because of news media attention.