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Either way, it is bad news for creditors.
For creditors, that's just the price of business.
The risks for the economy, and for creditors, are great.
They say these bounteous fees reduce the money left for creditors in the bankruptcy cases.
This raises a sense of double standards: one kind of democracy for creditors, another for debtors.
Unfortunately, the brass-knuckles approach seldom works, for creditors or debtors.
The alternative would probably be a default by Greece, with more severe losses for creditors.
In the No. 2 spot for creditors was a medical malpractice trust monitor, owed $113 million.
In any case, bailouts for creditors are already politically unpopular, and are unlikely to be expanded.
"Of this interest, the offer from Alteri represents the best outcome for creditors and employees.
He pointed to a recovery rate for creditors of 90p in the pound.
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CEO of Professional Science Editing for Scientists @ prosciediting.com