Sentence examples for position of creditor from inspiring English sources

Slovenia occupied the position of creditor within the former Yugoslavia".

Under the bill, sponsored by a consortium of Democrats led by Senator Dick Durbin of Illinois and Congressman Bill Delahunt of Massachusetts, the federal bankruptcy law would be tweaked to allow the court to "recharacterise" certain kinds of debt as well as the position of creditors.

Just wondering, how if you are in the position of creditors and debtors facing a naughty?

"Voluntary administration provides Arrium and its stakeholders time to develop options that will help preserve long-term value and optimise the position of its creditors," Grant Thornton managing partner Paul Billingham said on Thursday.

These folks are now relegated to the unenviable position of being unsecured creditors in Lehman's giant and messy bankruptcy.

Their role is to protect the position of the company's creditors.

The figure, twice as high as the operating profit reported by the bankrupt company in April, was expected to improve the bargaining position of the company's creditors in talks with General Motors.

The amount of debt needed to be refinanced in order to stabilize the situation completely is small compared to the aggregate net-creditor position of the region less than $300 billion.The degree of economic interdependence within Asia that has built up over the past decade means that crisis in one country hurts other Asian countries above all.

This has now become an embarrassment for the Italian government, and may soon be one for the IMF: Italian creditors threaten a legal challenge to the Fund's privileged position at the head of any queue of creditors, a position it enjoys because it lends only in times of crisis and cheaply.The issue of the private creditors will loom at the next board meeting.

The loan is in first position in the line of creditors waiting to be repaid by the ailing company.

The government says this is scaremongering, and that a rejection of creditor demands will mean the country is in a better negotiating position.