But a recent New York court ruling against Argentina in a case brought by a holdout hedge fund creditor has dramatically raised the stakes of sovereign default and bankruptcy.

We_will_cause_your_ bankruptcy

(d) Secured creditor means a creditor that has a security right.

Sami declared bankruptcy.

So that's bankruptcy.

Bankruptcy Comes to China

Why not creditor rights?

Special appointments Trustee in bankruptcy, for bankruptcy of Escalante and Associates, 1987 to the present.

You go get bankruptcy protection.

It was running into bankruptcy

But China is a net creditor.

It's the IMF Sovereign Bankruptcy Plan, OK?

It means bankruptcy and scandal, and prison!

Lawyers, law costs, publicity, ruin and bankruptcy.

(ii) A creditor of the assignor or

In the US, the main design defects are in bankruptcy law, which exempts derivatives and repos from most regular bankruptcy constraints.

That is what destroyed AIG, and what led to the recent bankruptcy of Abitibi Bowater and the pending bankruptcy of General Motors.

When private borrowers default, bankruptcy courts supervise a bankruptcy or reorganization process through which even unsecured creditors can hope to recover something.

In the insolvency of a non grantor debtor, the creditor is an unsecured creditor with an unsecured claim against the non grantor debtor.

In a domestic setting, bankruptcy and default are common.

Banks were on the verge of bankruptcy and nationalization.

International Association of Restructuring, Insolvency and Bankruptcy Professionals (INSOL)

It may be that, as between the grantor and the secured creditor, the secured creditor has agreed to treat the proceeds as encumbered assets.

As an immature creditor lender, the trade balance and current account are in surplus as well as a mature creditor lender, the trade balance returns to deficit finally, as a creditor borrower, the country s current account swings into deficit.

In a post titled Israel's Moral Bankruptcy , Philip I said

A number of countries have implemented reforms to bankruptcy law.

Bankruptcy should allow local governments to renegotiate their bond debt and, perhaps, their retired employees pension and health care costs (that s up to a bankruptcy judge).

In every currency union, there are creditor and debtor regions.

This will perpetuate the division between creditor and debtor countries.

Rights and obligations of the grantor and the secured creditor

Moreover, most creditor Governments had difficulty in recommending debt forgiveness.

Without fundamental changes in its economic growth pattern, it is difficult to imagine how China can become an immature creditor lender and a mature creditor lender.

As the downturn deepens, several countries may, for example, face bankruptcy.

US bankruptcy rates are already up 33 over four years ago.

Despite communism s ideological bankruptcy, China has not changed in this regard.

Proposal by International Association of Restructuring, Insolvency and Bankruptcy Professionals (INSOL)

If this album or concert fails, we have to declare bankruptcy!

Japan is a net creditor and largely finances its debt domestically.

As the strongest creditor country, Germany has emerged as the hegemon.

Although he shored up his businesses with additional loans and postponed interest payments, by 1991 increasing debt brought Trump to business bankruptcy and to the brink of personal bankruptcy.

A security right will also have little or no value to a creditor unless the creditor is able to enforce the security right in a predictable and efficient manner.

One day you get bankruptcy, another day loans with few strings attached.

Bankruptcy laws were amended to introduce a system of partial indentured servitude.

The same is true of financial institutions, as the Lehman bankruptcy showed.

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