Bankruptcy Comes to China

So that's bankruptcy.

Sami declared bankruptcy.

Down and Out in Athens and Brussels

The Belgian Revolution in 1830 and the resulting costs of keeping the Dutch army at a war footing until 1839 brought the Netherlands to the brink of bankruptcy.

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).

They remain badly in need of protection from the threat of insolvency.

Global Economic Cooperation or Bust

Banks were on the verge of bankruptcy and nationalization.

For some, low prices would render them insolvent.

Most public sector industries have been near bankruptcy until saved by competition and privatization.

Mama, I try so hard to keep you romantic.

The Bankrupt Theology of Financial Deregulation

As the economy improves, failure is less likely.

It's the IMF Sovereign Bankruptcy Plan, OK?

There are no quick processes in economics except decline.

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.

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

Irish banks reportedly need an additional 24 billion to stay afloat.

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

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

A number of countries have implemented reforms to bankruptcy law.

That, in turn, merely drove down prices further, leading to more credit rationing, bankruptcies, and bank failures.

Short of a miracle, Greece looks close to insolvency.

Employed in the civil division as president of the bankruptcy division and the civil petition chamber.

People are going to throw us out if we don't solve this problem of hunger and being broke.

BEIJING China s businessmen have always needed resilience, but now they must become accustomed to the specter of bankruptcy.

Moreover, the Bankruptcy Law, the Company Law, and the Securities Law should be well coordinated and mutually reinforcing.

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

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

With these sacrifices, Greece did avoid bankruptcy and the eurozone avoided a collapse.

This, of course, has profound consequences for the economics of aging and, again, it is not a uniquely American phenomenon.

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

Shift to the power situation.

Or consider bankruptcies and defaults by households and firms.

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

At the same time, in bankruptcies, it is important to safeguard productive assets.

Such efforts should promptly translate into legislative changes in areas ranging from insolvency to patents, from CO2 emission reduction schemes to smart electricity grids.

As the largest creditor, Germany could dictate the terms of assistance, which were punitive and pushed debtor countries towards insolvency.

The spread of bankruptcies triggered a severe credit crunch, which triggered a deep recession and with it a brutal rise in unemployment.

With several banks in the crisis countries on the verge of bankruptcy, many of these loans have now turned toxic.

With no policy institution able to take charge, countries like Italy and Spain would return to the brink of panic induced insolvency.

Indeed, for banks close to the failure point in liberalized systems, the evidence of perverse risk taking incentives is overwhelming.

In a domestic setting, bankruptcy and default are common.

In the early ninties Marimekko was in a bad financial condition and was considered ready for bankruptcy.