Protection of secured creditors

The bankers stayed with their loan recipients.

I'll just fake it to hold off creditors.

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

Why not 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?

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.

Format

Format

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.

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.

arbitral tribunal

Panellists

Speakers

Speakers

Custom Format

Time format

Date format

Data format

File Format

Output Format

No

Time Format

Date Format

Date format