Sentence examples for system of creditors from inspiring English sources

In England the system of creditors' control that existed from 1706 to 1831 and from 1869 to 1883 was replaced in the latter year by a system of joint control, or creditor participation, a scheme that in attenuated form was retained in the Insolvency Act of 1986.

In another key hearing, set for November 21, Bennett will rule on an emergency motion from John Young, a receiver appointed by the Jefferson County Circuit Court to manage the sewer system on behalf of creditors, for relief from an automatic stay in order to try to keep his control over the sewer system.

Cayman solves these problems by enabling businesses and investors from around the world to form an entity in a neutral jurisdiction with stable political and judicial institutions, a deep reserve of local professionals, and a legal system that safeguards the rights of creditors and investors.

On Tuesday, the European commission joined the fray, slamming Varoufakis for suggesting that he was forced to hack his ministry's computer systems because the nation's "troika" of creditors had exclusive control of the country's tax agency.

Severino and Ray argue that the current, dominant mechanisms of coordination of aid--the Creditor Reporting System of the Organisation for Economic Cooperation and Development (OECD), the monitoring of the Aid Effectiveness Agenda, the progress towards the MDGs--are out of step with this diversification, and no longer capture the full scope of development activity [ 37].

A succession of creditors.

A shark tank's worth of creditors is circling.

"The vast majority of creditors do care," he says.

The group's fate is in the hands of creditors.

Regards, Navdy (assignment for the benefit of creditors), LLC.

As a result, the response of creditors is to rely more on some types of collateral such as personal guarantees and accounts receivable that can be realised directly by secured creditors and are not diluted by preferential creditors.