Sentences with phrase «creditors take priority»

C.A., April 7, 2011; Sept. 7, 2011)(34308) Feb. 1, 2013 Secured creditors take priority over pensioned employees.

Within the creditors, secured creditors take priority over unsecured creditors.

If a business files for bankruptcy, creditors take priority over investors.

Court rules that former sales associate claim as judgment creditor takes priority and current sales associate must look to broker for her portion of the commission.

Not exact matches

Their success stands at odds with the assumption that creditor interests should always take priority over those of the indebted economy at large.

You also include priority and non-priority creditors and you are protected from creditors taking enforcement action.

You include priority and non-priority creditors and you are protected from creditors taking enforcement action.

Meeting the needs of the business to maintain or increase the asset base and servicing creditors has to take priority over paying out cash to shareholders.

how much you realistically have available to pay to your creditors each month after living costs and priority debts have been taken into account

Should a partner's rights under a settlement agreement take priority over the rights of unsecured creditors?

Should the PRA continue to provide a partner with a protected interest that takes priority against the other partner's unsecured creditors?

Also worth noting that distributions to heirs at law, which is the formal name for people who take via intestacy statutes, are often inferior, at least in part, to the claims of creditors against your probate estate, although sometimes a family provision or «exempt property» or a joint tenancy or beneficiary designation, will have priority over a creditor's claims.

After Wabush had sold its assets, it sought direction from the Quebec Court on whether the deemed trust in respect of the deficits and the outstanding special payments took priority over the claims of other creditors.