Why not creditor rights?

(a) By control has priority over the rights of all other secured creditors

Collateral law reform, as mentioned previously, should also help enhance creditor rights.

Protection of secured creditors

The bankers stayed with their loan recipients.

Yet this process leaves the rights of creditors undefended, eliciting widespread criticism.

I'll just fake it to hold off creditors.

Thirdly, the effective enforcement of contracts and protection of creditor rights is of key importance to an enabling business environment.

The law should provide that a security right that is effective against third parties has priority over the rights of unsecured creditors.

Or maybe, you have to protect it from loan sharks?

To the extent that the solution adopted has an impact on the rights of existing secured creditors or those holding an interest in assets that was established prior in time, it is desirable that provisions addressing post commencement finance be balanced against a number of factors.

Might it be possible for China to establish limits on arbitrary executive power and strengthen creditor rights sufficiently without undertaking a full fledged transition to democracy?

Particular attention was called to bureaucratic difficulties to establish a business property rights and effective enforcement of contracts and protection of creditor rights.

Even former creditors benefited from this rebound.

Creditors can agree to relax Greece s fiscal targets.

(v) Notification of foreign creditors Model Law article 14

Talks with creditors have begun to establish a workable debt strategy.

Debt relief is, however, dependent on all creditors spreading the burden fairly among themselves.

You might be a bill collector. What do you want with this guy?

For example, if the required majority of shareholders adopts such a plan, the court should protect the rights of the minority of creditors who may have opposed it.

This suggests that domestic reforms aimed at reducing issuance costs, improving disclosure requirements, enhancing creditors rights frameworks, and tackling other inhibiting factors could bring high returns.

Because healthy competition among all potential creditors is an effective way of reducing the cost of credit, the Guide recommends that the secured transactions regime apply equally to various creditors, including banks and other financial institutions, as well as domestic and non domestic creditors.

But creditors don t have an incentive to place tough limits on banks.

Sovereign debt restructurings with private creditors

The role of creditor committees is to be determined on a case by case basis

The super priority ranks ahead of administrative creditors.

Other laws require approval by the court or creditors in certain circumstances.

These regimes, in seeking to ensure fairness to creditors as a whole, must reconcile the interests of two (or more) sets of creditors who have dealt with two (or more) separate corporate entities.

Bailing in creditors will exacerbate these trends.

But, despite foreign creditors threats, the federal government did not come to the rescue.

90. A number of bilateral creditors were reluctant to embrace the Trinidad terms.

A policy of concessions from creditors therefore remained necessary.

It should be noted that insolvency laws providing for consolidation do not affect the rights of secured creditors, other than possibly the holders of intra group securities (where the secured creditor is a group company).

Thus, it seeks to protect the lawful rights of both creditors and debtors.

They depended much less on foreign creditors than on domestic lenders.

Second, from a debt holder s point of view, a government bailout is better.

Inflation would clearly make creditors worse off.

Too many creditors were reimbursed at par on their maturing claims.

What lessons can be drawn from these experiences which would contribute to the design of an orderly debt workout mechanism?

Nowhere on the planet have all the creditors been bailed out in excess of what their statutory entitlements were.

It was accompanied by a growing recognition of the need for official and commercial creditors to reduce debt and for debtor countries to undertake bold adjustment efforts.

Creditors in cases like that of Argentina need to be made to pay a penalty.

Indeed, there are talks centered on debt, with some creditors interested in the mechanics of capitalization.

(b) Whether the affairs of the group are so entangled that a consolidation would benefit all creditors

(h) Recognize existing creditors rights and establish clear rules for ranking of priority claims.