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In July, the accounting firm and several creditors reached an agreement to expedite the repayment of the assets held in the prime brokerage unit under a so-called scheme of arrangement, but Britain's high court rejected the settlement.
Creditors, including several hedge funds and insurance companies, and PricewaterhouseCoopers, the trustee overseeing the liquidation of the London-based unit, have reached an agreement to expedite the repayment of about $32 billion of client assets that have been entangled in the Lehman bankruptcy for more than nine months.
For one thing, we're coming up on the one-year anniversary of the Federal Reserve's $85 billion rescue of the ailing financial behemoth, and new Chief Executive Robert Benmosche Robert Benmosche has been talking tough about not shedding assets at fire sale prices just to expedite the repayment of government loans.
Continuing his "we can't wait" theme against Republicans' opposition to his legislative agenda, Mr. Obama promoted the latest in what will be a series of executive actions not requiring Congress's approval — new rules to expedite and ease repayment terms for graduates burdened with federal student loans.
"Expedite," he would say.
Repayment policy.
Both would expedite service.
You expedite this, you expedite that, divorce papers, whatever else".
"We will expedite their repatriation".
"We want to expedite everything.
Tells about conditions for repayment.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com