Sentences with phrase «financial insolvency of»

Our Preferred Travel Insurance Plan provides the same coverages and assistance services as our Standard Plan, but with higher coverage limits — plus coverages for the delay, loss, theft or damage of Sporting Equipment, and specific trip cancellation coverage in case of the financial insolvency of one of your travel suppliers, like a cruise line or tour company.

Trip Cancellation or Interruption resulting from Financial Insolvency of an airline, cruise line or tour operator (when optional Trip Cancellation / Interruption is included) *

But the insurance will kick in to reimburse you if your trip is cancelled or interrupted for any reason, such as severe weather, accidental bodily injury, or financial insolvency of your tour operator or airline.

Will the State Board consider the financial insolvency of SBAC - partnering companies as current contracts continue to funnel taxpayer funds to promote future iterations of the experimental assessments?

Not exact matches

A recent survey published by insolvency trustee MNP Ltd. found 48 per cent of Canadian respondents were $ 200 or less away from being unable to fulfill their monthly financial obligations, an eight point increase since September.

Past opportunities include claims, judgements, private notes and financings, loans, distressed secondaries, derivative contracts and other financial instruments in a variety of situations such as insolvencies, class actions, frauds and insurance liquidations.

High interest costs during difficult financial periods can increase the risk of insolvency.

The great victory of the Federal Reserve in the half - cycle since 2009 was not ending the global financial crisis; the crisis actually ended in March 2009 with the stroke of a pen that changed accounting rule FAS157 and eliminated mark - to - market accounting for banks (instantly removing the specter of widespread insolvencies by allowing «significant judgment» in valuing distressed assets).

The survey done for insolvency firm MNP Ltd. also found that four in 10 of those queried say that if interest rates go up much more, they are afraid they will be in financial trouble.

Any attempt to cancel some category of debt, say government debt or personal mortgages, would immediately drive those financial intermediaries holding such assets, e.g. banks, pension funds, investment trusts, into insolvency.

These include currency risks — in the form of company - level mismatches as EM issuers generally do not fully hedge hard currency borrowings — and insolvency risks such as more uncertainty in financial restructuring because of inconsistent priorities and a lack of focus across jurisdictions.

On September 15, 2008, a key moment in the 2008 financial collapse on Wall Street when Lehman Brothers filed bankruptcy, Merrill Lynch was forced into the arms of Bank of America and Citigroup teetered toward insolvency, Deutsche Bank's shares closed the day at $ 58.80 (equivalent price adjusted for a subsequent stock split).

Meanwhile, false reporting will help financial institutions avoid the appearance of insolvency.

Against a background of deepening recession and technical insolvency, Greece's banking sector is being propped up by a $ 16 billion bailout from the European Financial Stability Facility.

«That this House notes that young people today grow up in an increasingly complex financial world requiring them to make difficult decisions for the future, often without the necessary level of financial literacy; believes that financial education will help address the national problem of irresponsible borrowing and personal insolvency and that teaching people about budgeting and personal finance will help equip the workforce with the necessary skills to succeed in business and drive forward economic growth; further believes that the country has a duty to equip its young people properly through education to make informed financial decisions; and calls on the Government to consider the provision of financial education as part of the current curriculum review.»

Cuomo's Five - Year Financial Plan keeps revenue sharing with local governments flat at a time when scores of local governments and school districts are headed for insolvency and a takeover by state Control Boards.

At the same time, Miner made tough decisions to cut city expenses, steering Syracuse through perilous financial waters and avoiding the ever - present threat of insolvency.

«Income volatility can lead to debt accumulation and financial insolvency, increasing the chances of bankruptcy and downward social mobility.

Likewise, there is evidence to suggest that many young people lack an understanding of how to manage their financial circumstances, which is a particular issue in the context of a difficult economic climate and increasingly common instances of personal debt and insolvency.

It is the primary underlying cause of some of America's most challenging threats, including economic stagnation, increased stratification of wealth, financial insolvency, mediocre education outcomes, and eroding civil liberties.

The legal procedure allows you to settle your financial obligation for less than you owe with the help of a gov» t Licensed Insolvency Trustee, by discussing, formulating and implementing a compromise (deal) with your creditors while under court protection preventing them from exercising their normal rights everything stops, including collection action unless specifically exempted, like child support.

Junk bonds of the riskiest and are normally tied to companies with shaky financials and a high likelihood of bankruptcy or insolvency.

We're here to help with all of your debt relief, financial restructuring needs as your Government Licensed Insolvency Trustee.

A phone call or free consultation with a Licensed Insolvency Trustee can help you analyze the causes of your financial difficulty, as well as the most effective way to get your debt under control.

Again, our previous full study shows that men are more likely than women to say that financial mismanagement, job or income loss and business failure are a primary cause of their insolvency.

For more than 50 years, our experienced team of Licensed Insolvency Trustees and advisors have been working collaboratively with our corporate and individuals to help them recover from times of financial distress and regain control of their finances.

The credit quality of these bonds is lower due to higher levels of financial risk that raises the issuer's risk of insolvency.

The survey done for insolvency firm MNP Ltd. also found that four in 10 of those queried say that if interest rates go up much more, they are afraid they will be in financial trouble.

As one of Ontario's largest personal insolvency firms, we see first - hand the devastating financial impact the excessive use of high - cost, subprime lending products has on every day Canadians.

At Sands & Associates, we employ designated accountants (CA / CGA / CMA), Management Consultants (CMC), Chartered Insolvency and Restructuring Professionals (CIRP) and individuals with years of experience assisting businesses in financial difficulty.

Most visible has been the charity's debt counselling service, which uses a combination of face - to - face home visits, budgeting advice, debt management tips, creditor negotiations and insolvency services to aid lower - income workers or those struggling with financial challenges such as job loss or divorce.

There have been a lot of insolvencies and mergers in financial firms, and many things slip between the cracks.

From the beginning of the recent crisis, starting with Bear Stearns, I have emphasized that nearly all of the financial institutions at risk of insolvency have enough liabilities to their own bondholders to fully absorb all probable losses without any loss to customers or the American public.

The 2013 BC Consumer Debt Study was conducted as a comparative look at consumer debt levels, causes of insolvency, and financial outlooks across three different generations of British Columbia's in - debt population.

Section Section 178 (1)(g) of the Bankruptcy & Insolvency Act states that an order of discharge does not release a bankrupt from: Any debt or obligation in respect of a loan made under the Canada Student Loans Act, the Canada Student Financial Assistance Act or any enactment of a province that provides for loans or guarantees of loans to students where the date of bankruptcy of the bankrupt occurred:

All of the steps in the previous section (with the exception of the upfront fee contract) from reviewing your budget and financial situation, to helping you review all your options, and preparing the paperwork will be done by a licensed insolvency trustee for free.

We will arrange for a confidential free initial consultation with one of our knowledgeable Licensed Insolvency Trustees to discuss your financial situation, and help you to determine whether a consumer proposal or bankruptcy may be the right choice for you.

The number of self - employed workers in Canada is increasing however the financial risks can sometimes lead to insolvency.

The costs of getting in financial stress are high, much less when a firm is teetering on the edge of insolvency.

When banks loaded up on too many worthless mortgage - backed securities, it triggered a series of insolvencies in 2008 — most notoriously at Lehman Brothers — and a full - blown financial crisis.

Speak with one of our Insolvency Trustees in Newmarket to learn how we can help you reach lasting financial freedom by leaving debt behind!

The trip cancellation or trip interruption of the insured person must be caused by or result from death, accidental injury, disease or physical illness of the insured person or an immediate family member of the insured person, or default of the common carrier resulting from financial insolvency.

The Association of Bonded Travel Organisers Trust Limited (ABTOT) provides financial protection under the Package Travel, Package Holidays and Package Tours Regulations 1992 for Great Rail Journeys, and in the event of their insolvency, protection is provided for the following:

ATOL, which is part of the CAA, is a financial protection scheme for UK tour operators and protects you from losing money or being stranded abroad in the unlikely event of our insolvency.

Students, alumni and the faculty sued the administration in May 2014 after trustees voted to start charging tuition to stave off insolvency after a series of financial blunders.

His main areas of practice were insolvency and financial re-structuring, commercial litigation and asset - based lending.

Critical to the rapidly growing technology and financial services industries in Denver, our litigators have extensive experience in litigating commercial disputes of all kinds, and particularly in the zone of insolvency.

And while perpetrators may look to bankruptcy as a way to escape the financial obligations of a civil judgment against them, Grace points out that the federal Bankruptcy and Insolvency Act exempts civil damages arising out of sexual assaults from the debts released by a discharge under the Act.

Our lawyers have an impressive record of achieving successful outcomes in bankruptcy proceedings throughout the world, and are active in all areas of financial restructurings and insolvencies in matters ranging from the largest multi-national mega-cases to significant regional businesses.

His practice includes business agreements and contractual disputes of all kinds, banking and financial services related litigation, civil fraud, company, partnership and insolvency matters, property litigation, energy and minerals, fiduciaries and professional negligence.