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

In both cases, because some bondholders owned CDS contracts, they stood to gain more from bankruptcy than from reorganization.

If such negotiation cannot be achieved voluntarily, US firms can use Chapter 11 of the bankruptcy code, under which a court supervises and approves the reorganization of liabilities.

The government should have been prepared to place AIG into reorganization under Chapter 11 of the US bankruptcy code and force the derivative parties to take the desired haircut.

(b) In reorganization proceedings, a reorganization plan becomes effective or

We_will_cause_your_ bankruptcy

Sami declared bankruptcy.

Bankruptcy Comes to China

We agree with a phased approach to its reorganization.

UNDP has undergone continuous reorganization during the past decade.

The military reorganization that the NDPO envisages is far reaching.

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

Argentina was at the time ruled by the National Reorganization Process.

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

Their attorney Ah, yes. My company's having a reorganization on our end.

In broad terms, this entailed a reorganization of the Service and additional outsourcing.

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)

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).

The reorganization of command and control elements of the air force is still underway.

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

A number of countries have implemented reforms to bankruptcy law.

The feasibility study for the reorganization of the Civil Aviation Authority with World Bank financing.

However, this can be implemented only after reorganization of essential ongoing functions within the Service.

Overall, the reorganization has rationalized operations by eliminating fragmentation and duplication of functions and structures.

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.

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)

The reorganization of the Division is described in paragraphs 75 and 76 of the budget report.

The reorganization of Ethiopian armed forces along the boundary with Eritrea was the main issue addressed.

The Working Group has suggested the reorganization of the debate under this agenda item as follows

Two recommendations dealt with creditor participation in reorganization proceedings (a) to limit the number of creditor committees to a single committee, except in extraordinary circumstances and (b) in smaller reorganization cases where creditors might have little interest in forming a committee, to provide for the appointment of a creditors' representative to monitor the case and negotiate a reorganization plan on behalf of unsecured creditors.

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.

The successful implementation of China s revised Bankruptcy Law hinges on its effective enforcement and abandonment of the mindset and practices shaped under the old version, especially in the era of policy based bankruptcy.

That is why, for domestic debt disputes, countries have bankruptcy laws and courts.

Moreover, the US bankruptcy code can free consumers of their debt within months.

Widespread bankruptcy and unemployment increased social tension, ultimately making normal democratic politics impossible.

The modalities could draw on the principles laid out in national bankruptcy procedures.

But waging a serious war requires a serious reorganization of Russia's power structures, which will be very painful.

Supports the continued strengthening and reorganization of the internal audit and oversight services of UNDP, UNFPA and UNOPS