Sentence examples for secured creditors from inspiring English sources

The company's unsecured-creditors committee and secured creditors backed the proposed sale, he said.

The secured creditors are led by Green's retail business, Arcadia, which is owed £35m.

"There could be legislative action making employees secured creditors," she said.

There seems to be little doubt that secured creditors have taken control of Chapter 11.

But secured creditors, including Oaktree and Gramercy, object to what they say are lenient terms.

The secured creditors are led by Sir Philip Green's retail business Arcadia, which is owed £35m.

The proposal also specifies that secured creditors would only be protected up to the value of their collateral.

This means their art could be counted an asset of the gallery and used to pay secured creditors first.

At present the administrator must work to secure the best return for secured creditors, such as banks, rather than staff.

Fruit of the Loom owes secured creditors about $1.2 billion and unsecured creditors around $400 million, court papers show.

Around £100m will now be repaid to the secured creditors or bondholders that had lent £430m to the firm.