Sentences with phrase «bankruptcy restructuring»
Bankruptcy restructuring refers to a process where a struggling business or individual with overwhelming debt works with their creditors to create a plan that allows them to repay part or all of their debts over time. It involves reorganizing their finances and operations to become financially stable again. Full definition
I was tasked with leading the airline through a painful bankruptcy restructuring.
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He's been in the room for more or less every major airline merger and bankruptcy restructuring over the past few decades.
Since GM's bankruptcy restructuring in 2009, when it had 77,000 U.S. employees, it has added more than 25,000 jobs as it boosted production, acquired an auto finance company and brought information technology work in house.
Romney opposed using government money to bail out Chrysler and General Motors, instead favoring privately financed bankruptcy restructuring.
In the end, the Saudi's market share strategy pushing US shale companies through bankruptcy restructuring will back fire on them and guarantee that oil will stay much lower for much longer as it will make the US shale industry much for competitive for the future.
A U.S. appeals court affirmed a ruling on July 6 that struck down a Puerto Rican law seeking to allow some municipalities to enter an orderly bankruptcy restructuring process.
Bankruptcy restructuring matters including providing regulatory and transactional advice to official committees of unsecured creditors of FCC regulated entities in bankruptcy
Distressed debt and bankruptcy restructurings completed in 2012 more than doubled from 2011 to $ 423 billion, according to Thomson Reuters.
Their vote is part of a «grand bargain» bankruptcy restructuring that seeks private, philanthropic and state funds to help avoid massive cuts in government pensions.
Toys R Us has said it will close as many as 182 stores are part of its bankruptcy restructuring, according to a recent report by the New York Times.
By contrast, Chapter 13 bankruptcy restructures your debt into a manageable form which you will need to work to repay, over three to five years in most cases.
A Chapter 13 bankruptcy restructures your debts.
On the other hand, Chapter 13 bankruptcy restructures your debt and gives you a period of three to five years to completely repay your lenders - but has many added protections for your as a borrower.
The 13 attorneys who joined Waller are: Eric J. Taube — focuses on complex commercial and business litigation; bankruptcy restructuring and litigation; securities litigation; real estate litigation; employment law; and fiduciary litigation.
Thirteen trial attorneys with reputations for handling significant and complex litigation and bankruptcy restructuring have joined Waller's Austin office which the firm opened in 2012.
Her bankruptcy practice involves representation of debtors, creditors and purchasers of assets in workouts and bankruptcy restructuring.
As part of the bankruptcy restructuring, Caesars is creating a real estate investment trust that will own many of the company's casinos, including the flagship Caesars Palace in Las Vegas.