Sentence examples for creditors collecting from inspiring English sources

If the bill requires that the resolution process for a failed institution result in "shareholders wiped out, management fired and creditors collecting pennies on the dollar", then who exactly is going to "fund systemically important firms on artificially advantageous terms"?

But then, a few paragraphs down, the editorial continues:It's hard to imagine that any firm would intentionally manage itself into a process that ends with shareholders wiped out, management fired and creditors collecting pennies on the dollar, as the bill requires.

When the bankruptcy was finally settled in 1994, creditors collected pennies on the dollar.

Patrick Bolton, an expert on sovereign bankruptcy at Princeton University, said creditors could seize Iraq's assets in their countries or sue to block future creditors from collecting money owed to them, creating an obvious disincentive for anyone considering investing in Iraq.

A "Cooperatives should be as vigilant as other creditors in collecting amounts due, including maintenance arrears," said Donald M. Onorato, a co-op lawyer in Hackensack, N.J.

Judge Ferguson called the case dizzying and sprawling and said the settlement "vastly enhances" the ability of creditors to collect.

To ride out future economic slumps, it allowed the foreign creditors to collect customs duties from other Greek ports if the intake at Piraeus, the main port, diminished.

Brazilian consumers are now enjoying a credit boom, and Rousseff's team knows that capital markets can't deepen unless creditors can collect on collateral.

John J. Ray III, the president of the Enron Creditors Recovery Trust, called the settlement "an enormous accomplishment" that contributes nearly half of the $3.4 billion that Enron's creditors will collect from the 11 banks.

But for now, Argentina shows that creditors cannot collect from a government disinclined to pay up: indeed, Argentina's local paper trades at a premium to its New York bonds.Thanks to improving laws and economies emerging markets' domestic sovereign debt has more than quadrupled since 2000, according to J.P. Morgan; external debt has grown by a more modest 58%.

Because companies generally have a higher level of bank debt this time, it will be tougher for senior, as well as junior, creditors to collect.