Sentence examples for settle creditors from inspiring English sources

"This together with sums paid by the consortium, both to settle creditors and to provide working capital to fund the club going forward, ensure a bright future for the club".

At Brownlee's instigation, the Greenfield government had implemented a Debt Adjustment Act, which allowed farmers in Alberta's drought-stricken southeast to access credit counselling services and provided a way to settle creditors' claims without ruining farmers or resorting to litigation.

[C11.] Adelphia Devises Plan to Settle Creditor Disputes The Adelphia Communications Corporation, the cable provider, said it had proposed settlements with some of its creditors so it could exit bankruptcy and be sold to Time Warner Cable and Comcast.

He concluded, based on the precise way the rule is operated, with a new company taking on the Football League share and the old company settling creditors debts for a smaller percentage of what they were owed, that it does not breach the law.

Around £9m in parachute payments due from the Premier League will immediately be used to settle football creditors, while other creditors are expected to receive just a couple of pence in the pound.

Mr. Hebberoy said that, along with the $300,000 he paid to settle the creditors' lawsuits, he also repaid $200,000 to other investors and creditors.

An Alberta court has approved a proposal by Canadian Airlines to settle with creditors holding 3.5 billion Canadian dollars ($2.4 billion) worth of debt, paving the way for its integration with Air Canada of Montreal.

The sheer size of the company, along with the complexity of its problems, could mean that it will take years before claims against the company are settled and creditors receive anything, these experts said.

And the Kirchners' refusal to settle with private creditors and their hostility to the IMF leave Argentina with few sources of credit.This rapidly darkening outlook is why Ms Fernández brought forward the mid-term election, due in October.

Michel Sapin said France was ready to help Greece settle with its creditors.

Rising oil prices put big squeeze on profits; forced to give up 49% of firm to settle debts with creditors.