Sentences with phrase «assumed control of their debts»

With luck, HMV will secure a buyer for the remaining stores soon, especially now that Hilco has assumed control of their debts.

Not exact matches

The move is likely to be controversial because investors have long assumed that the debts of the state - controlled airline were guaranteed by the government.

The UK Government's Report sought to highlight numerous difficulties an independent Scotland would encounter, reiterating that Scotland would no longer enjoy the services of the Bank of England nor those of the security and intelligence agencies; it would have to rebuild numerous public organizations, establish border controls and assume an equitable share in the UK's national debt and liabilities.