Sentence examples for distress fund from inspiring English sources

Even so, the judge made a good point about the contribution to the distress fund which paid out just 15p in the £1 to the savers who lost out that Christmas.

Mr Justice Peter Smith also went as far to say HBOS should now contribute more than £2m to the distress fund set up after more than 116,000 Christmas savers lost out in 2006.

In an extraordinarily impassioned speech delivered in open court after the collapse of a case against Farepak's former directors, Smith said he was not presiding over a "court of morality", but suggested HBOS should make amends to Farepak's savers by donating millions more to a distress fund.

This also excludes benefit societies where the benefits are limited to those who have funded it, as in Re Holborn Air Raid Distress Fund.

And, of course, distress funds are licking their chops in the direction of certain mortgage-backed securities.

Distressed funds are willing to buy, albeit at steep discounts.

By 20 January, donations for flood victims from the Lord Mayor's Distress Relief Fund exceeded A$1 million.

Jon Moulton runs a £300m distressed-debt fund and he's "loving it" - the credit crunch, that is.

General Motors offloaded 51% of its financing arm, General Motors Acceptance Corporation, to a consortium led by Cerberus, a distressed-debt fund turned private-equity firm.

Run by Geoffrey Raynor, who formerly worked with the billionaire Bass brothers, R2 is a distressed-debt fund known for its aggressive tactics.

Now as much as a third of mid-market private equity leveraged buy-outs fail, according to Jon Moulton, founder of Alchemy Partners, an investment com-pany with a £300m distressed-debt fund.