Your English writing platform
Discover LudwigExact(3)
The current perspectives reflect the same expectations -- that Andersen will be a very different firm if it emerges from this disaster as a viable firm.
I asked Mr Zuza if he agreed with Sweden's conservative government that public money should not be poured into Saab if it was not a viable firm.
Therefore, in order to remain a viable firm, we have created a revitalization plan that includes the following goals.
Similar(57)
Opponents suggest it damages viable firms and needlessly leaves workers unemployed.
Many firms went bust because they borrowed heavily during the leveraged-buyout boom; restructuring the debt revealed essentially viable firms underneath.
JAL will now apply for assistance from the Enterprise Turnaround Initiative Corp., set up by the government this month to invest in struggling but viable firms.
Only six viable firms with assets over $50,000 have been found.The businesses date back to the struggle for independence from the Netherlands in the 1940s.
The Spanish law is intended to promote restructuring of viable firms but in practice most insolvencies end in liquidation after lengthy court proceedings.
Closer to home, Wales has a similar, though smaller scheme: ProAct has paid 88 employers to keep on 5,577 workers so far, in viable firms on short-time working.
One is that disagreement about valuation can lead to inefficient liquidation of viable firms, as creditors may prefer to walk away with the collateral they value highly, rather than fight for that value in a reorganization where the other creditors (from their perspective) are clinging to inflated valuations of their own collateral.
The new bill proposes a number of Bagehot-like changes: to toughen up the definition of insolvency, such that the Fed lends only to viable firms; to offer any lending programme to many different institutions; and to ensure that when the Fed does lend, it charges punitive rates.This battle is not the only one the Fed faces.
Write better and faster with AI suggestions while staying true to your unique style.
Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com