Sentence examples for creditors simply from inspiring English sources

Talk of debtors and creditors simply "working together" ignores existing UN agreements, dating back to 2002, that clearly recognise the joint responsibility of both the lender and borrower.

Squiller says in the deposition that GTAT put itself into Chapter 11 bankruptcy (which protects a company from its creditors) simply to release itself from the Apple deal - and hence save the company.

If the proposal fails and the creditors simply foreclose on the Energy Future assets, they would create a more than $6 billion capital gain at the parent company, Energy Future Holdings.

The Court noted that charging orders exist to prevent "an obvious invasion of the rights and interests of nondebtor partners and resulted in disruption of the partnership business and, often, a forced dissolution of the partnership", which would occur if the creditor simply levied on a debtor's interest, as happens with corporate shares.

This is what occurs in an ordinary bankruptcy, when debtors cannot repay creditors but the entity cannot simply be liquidated.

Trembling insists the size of investment the club is seeking is not simply to pay off its creditors but to also secure its long-term prosperity.

The difference here is that the deal is apparently all voluntary; creditors can simply stay put.

IT was not too long ago when consumers could easily appease their creditors by simply advising, "The check is in the mail".

Since the debt of such companies is easily traded, those around the table can often change, even as a plan is being debated.When a deal cannot be struck, creditors may simply attempt to snatch control of the company.

These situations actually come up quite a bit: Where a company has significant liabilities, the shareholder try to cheat the company's creditors by simply making a distribution to themselves, thus leaving the company without the assets to pay its creditors.

"The one remaining hurdle is the payment of football creditors, but if they don't shift we simply cannot do a deal outside liquidation".