Sentence examples for creditors which are from inspiring English sources

Billions more are owed to commercial banks and corporate creditors, which are likely to take part in a separate renegotiation.

The proposed settlement, reached nearly three months after the firm collapsed, would be the first substantial recovery by Dewey's creditors, which are owed more than $300 million.

The deal would have essentially paid $5 million to help erase Napster's debt to its unsecured creditors, which are owed about $11 million.

"My fundamental responsibilities are that we get the highest possible value for the creditors, which are the Indiana retirees," Mr. Mourdock told DealBook in an interview at the time.

In recent weeks, roughly half of Dewey's former partners agreed to return about $70 million of their past compensation that will help pay the firm's creditors, which are owed more than $300 million.

Mr. Godfrey's group, which has no formal name, will make a cash payment of 950 million Canadian dollars, about 25 million Canadian dollars more than the secured debt owed by the publishing group to its senior creditors, which are mostly large Canadian banks.

loaned the Greek government money to pay its creditors, which were mostly European banks, at a hundred cents on the dollar.

WorldCom, sent into bankruptcy in July 2002 by an $11 billion accounting fraud, may emerge by October and be owned by its creditors, which were owed $41 billion at the time of the Chapter 11 filing.

At the same time that Mr. Duhalde has been vehemently blaming the banks for Argentina's misfortune, he and other officials have tried to rebuild their frayed ties with foreign creditors, which were severely strained when Argentina went into default on $141 billion in public debt at the end of December.

Crucially, the CVA document does not list a "pence in the pound" offer to creditors, which is the norm for a proposal of its kind - although BBC Scotland has established that the CVA offers unsecured creditors between 8-9p in the pound in a best case scenario, which does not take into account and potential liability arising from the "Big Tax Case".

This process is used when all debts can be pooled together into one pot, allowing company directors to make monthly payments to their creditors, which is then divided amongst themselves.