This might trigger a positive domino effect as well, as other states on grounds of international financial integration adopt similar procedures for controlled liquidation of their own insolvent banks.

Liquidation

Greece is clearly insolvent.

Time to Nationalize Insolvent Banks

This company became insolvent in early 2002.

For some, low prices would render them insolvent.

Mandate downsizing and subsequent liquidation of the Mission

Under Koizumi s leadership, insolvent banks were made whole again.

So, the US banking system is effectively insolvent in the aggregate most of the British banking system looks insolvent, too, as do many continental European banks.

(i) Reduction in the duration of the liquidation process

The system now holds the key to fairness liquidation.

Coercive restructuring of insolvent banks unsecured debt would be next.

Liquidation appropriations for the CCC continued through 20 April 1948.

The reason is simple both Greece and Ireland are likely insolvent.

Commercial banks loaded with weaker countries government bonds became potentially insolvent.

Its report on UNAMSIL contained a section on liquidation activities covering assets disposal, environmental clean up, high staff turnover, oversight during the liquidation phase and pending death and disability cases.

The markets are fully aware that Greece, being insolvent, will eventually default.

NEW YORK The eurozone crisis is reaching its climax. Greece is insolvent.

Banks had reassured themselves with the belief that countries could not become insolvent.

This approach requires judgment and resolve in separating insolvent institutions from solvent ones.

There will be a further reduction of the liquidation personnel in April 2006.

It is planned that the Mission will have a six month liquidation period.

Proposed liquidation budget for the period from 1 July to 31 October 2005

This needs to be carried out for insolvent governments, households, and financial institutions alike.

Because the banks made their investments with too little unborrowed money, they became insolvent.

The reduced requirements are attributable to the downsizing and subsequent liquidation of the Mission.

The reduced requirements are attributable to the downsizing and subsequent liquidation of the Mission.

The reduced requirements are attributable to the downsizing and subsequent liquidation of the Mission.

The reduced requirements are a result of the downsizing and subsequent liquidation of the Mission.

The reduced requirements are a result of the downsizing and subsequent liquidation of the Mission.

Any further budget proposal would reflect liquidation requirements to take the Court through its completion.

But no one will bail out these super sovereigns if the sovereigns prove to be insolvent.

Similarly, super sovereigns cannot continue to bail out distressed sovereigns that are insolvent rather than illiquid.

a rapid reduction of insolvent households debt burden, preceded by a temporary freeze on all foreclosures

If these countries became insolvent and curtailed their expenditure, a new worldwide recession would be likely.

This is why Greece is insolvent and a coercive restructuring of its public debt is inevitable.

So it should be reserved for cases when the country as a whole has grown insolvent.

The administrative component of UNAMSIL continues to plan for the Mission's liquidation and support for UNIOSIL.

Following a review of the requirements and taking into account substantial progress achieved in the liquidation of UNMISET during the current financial period, the Mission determined that the proposed liquidation budget could be reduced by some 2.2 million, to 1,662,200.

Although countries can become insolvent, they have many ways to reduce their sovereign debt before this happens.

It means establishing a common deposit insurance scheme and a mechanism for closing down insolvent financial institutions.

At some point, investors will realize that bank losses are massive, and that some banks are insolvent.

ATHENS The point of restructuring debt is to reduce the volume of new loans needed to salvage an insolvent entity. Creditors offer debt relief to get more value back and to extend as little new finance to the insolvent entity as possible.

In addition, in Australia, the insolvency legislation provides for the liability of a holding (parent) company for the debts of a subsidiary company that became insolvent if it is established that the subsidiary was permitted by the parent to engage in insolvent trading.

The two companies subsequently went into liquidation by order of the same Court on 22 May 1991.