Sentence examples for reorganization right from inspiring English sources

But he also warned that getting reorganization right takes a long time.

The most senior creditors are always paid first, because they hold the reorganization rights initially.

If the shareholders do not buy all the reorganization rights, then the next most junior class has its chance.

Next, the more junior creditors and investors, starting with shareholders, could buy the reorganization rights at auction.

After the auction among the creditors, another auction takes place that allows outside investors to buy reorganization rights.

When this auction ends, all the company's stocks, bonds and loans are canceled; only the reorganization rights remain.

The bidding claimants may buy a number of reorganization rights equal to their own share of their class's claims.

If shareholders offer to buy 20 reorganization rights, they must pay $2 each for a total of $40, which they give to the junior creditors.

A creditor with 7percentt of the next class of debt could buy up to seven reorganization rights, at a price not lower than one-hundredth of all the more senior classes' debts.

After making public the list of claims and any offers for the company, the receiver would issue 100 "reorganization rights" to the most senior creditors, based on the relative size of their claims.

An owner of 18percentt of one class of debt, for instance, could buy up to 18 reorganization rights at a unit price not lower than one-hundredth of all the more senior creditors' claims.