Not exact matches
Centeno told CNBC
on Thursday that although there are still a «few issues» regarding Greece's public debt, European
creditors, the International Monetary
Fund (IMF) and Athens are inching towards a resolution.
The failure to reach a deal with
creditors leaves Athens set to default
on 1.6 billion euros of loans from the International Monetary
Fund that are due Tuesday.
With new carriers Mobilicity in
creditor protection and Wind pulling out at the last minute because of a lack of
funding from its Russia - based backer Vimpelcom, the path was clear for the Montreal company to swoop in and grab licenses
on the cheap.
In what analysts and markets see as the final deadline, Greece has to reach a deal with
creditors Saturday or it will fail to make a crucial debt payment due to the International Monetary
Fund on Tuesday.
You are required to make one monthly payment to your credit counselor, who then distributes the
funds to your
creditors on your behalf.
So Apollo will protect its equity investments,
on behalf of its
funds, even if it means going to the ends of the earth to fight with its
creditors.
Trace Mayer and Jesse Powell discuss Kraken's role in distributing
funds to MtGox
creditors, Kraken's proof - of - reserves audit in spring 2014, advanced security features available
on Kraken and the risks for many exchanges that accept customers illegally.
Greece would have no means for
funding, and could end up leaving the Eurozone, not because it was specific strategy
on the part of the government or even
on the part of the
creditors, but again, almost by accident.
On the other hand, according to the Measures for the Administration of Securities Investor Protection
Fund 《 證券投資者保護基金管理辦法 》, the functions of China Securities Investor Protection
Fund (CSIPF, 中國投資者保護基金) include «indemnifying
creditors as required by China's relevant policies in case a securities company is subjected to compulsory regulatory measures including dissolution, closure, bankruptcy and administrative takeover by China Securities Regulatory Commission (CSRC) and custodian operation» or «other functions approved by the State Council».
Examples of these risks, uncertainties and other factors include, but are not limited to the impact of: adverse general economic and related factors, such as fluctuating or increasing levels of unemployment, underemployment and the volatility of fuel prices, declines in the securities and real estate markets, and perceptions of these conditions that decrease the level of disposable income of consumers or consumer confidence; adverse events impacting the security of travel, such as terrorist acts, armed conflict and threats thereof, acts of piracy, and other international events; the risks and increased costs associated with operating internationally; our expansion into and investments in new markets; breaches in data security or other disturbances to our information technology and other networks; the spread of epidemics and viral outbreaks; adverse incidents involving cruise ships; changes in fuel prices and / or other cruise operating costs; any impairment of our tradenames or goodwill; our hedging strategies; our inability to obtain adequate insurance coverage; our substantial indebtedness, including the ability to raise additional capital to
fund our operations, and to generate the necessary amount of cash to service our existing debt; restrictions in the agreements governing our indebtedness that limit our flexibility in operating our business; the significant portion of our assets pledged as collateral under our existing debt agreements and the ability of our
creditors to accelerate the repayment of our indebtedness; volatility and disruptions in the global credit and financial markets, which may adversely affect our ability to borrow and could increase our counterparty credit risks, including those under our credit facilities, derivatives, contingent obligations, insurance contracts and new ship progress payment guarantees; fluctuations in foreign currency exchange rates; overcapacity in key markets or globally; our inability to recruit or retain qualified personnel or the loss of key personnel; future changes relating to how external distribution channels sell and market our cruises; our reliance
on third parties to provide hotel management services to certain ships and certain other services; delays in our shipbuilding program and ship repairs, maintenance and refurbishments; future increases in the price of, or major changes or reduction in, commercial airline services; seasonal variations in passenger fare rates and occupancy levels at different times of the year; our ability to keep pace with developments in technology; amendments to our collective bargaining agreements for crew members and other employee relation issues; the continued availability of attractive port destinations; pending or threatened litigation, investigations and enforcement actions; changes involving the tax and environmental regulatory regimes in which we operate; and other factors set forth under «Risk Factors» in our most recently filed Annual Report
on Form 10 - K and subsequent filings by the Company with the Securities and Exchange Commission.
Individual results may vary based
on ability to save sufficient
funds and complete the program, the
creditors in your individual portfolio, and amount of debt enrolled.
If your new
creditor tells you the new loan will cover the current month's payment
on the old loan, take heed: If there is a delay in
funding, that payment could be missed, and you may not be aware of it until it is already past due.
k) You understand that CRA is expending labor, materials and
funds in order to work
on your credit file and that CRA is relying
on your prompt furnishing of ALL correspondence received by you from either the
creditors or credit bureaus, promptly upon being received by you and within 7 days.
Noninterest Income: Noninterest income is a bank and
creditor income derived primarily from fees including deposit and transaction fees, insufficient
funds (NSF) fees, annual fees, monthly account service charges, inactivity fees, check and deposit slip fees, and so
on.
Your trustee in turn, distributes those
funds to your
creditors on a prorated basis based
on the dollar value of their claims.
If a potential client is not ready for credit repair as a result of a lack of
funding, the inability to stay current
on future
creditor payments, or the need to declare bankruptcy, we will be mindful of your time and money.
Once you have approved the offer the agency will release the settlement
funds, based
on the agreed amount, to your
creditor.
What's more, borrowers can have Discover
fund personal loans directly to
creditors, so they don't have to rely
on their own discipline to ensure the
funds are used wisely.
You'll make one monthly payment to ACCC, and we'll disburse
funds to
creditors on your behalf.
You are required to make one monthly payment to your credit counselor, who then distributes the
funds to your
creditors on your behalf.
Remember to keep in mind that we are paid
on our performance, meaning our fee for each account will be taken only at the time the first payment is
funded to a
creditor for a negotiated account.
Occasionally when
funds are sent directly to
creditors or banks, delays may occur based
on outstanding information from those financial institutions.
When we receive your payment, will disburse
funds on your behalf to your
creditors.
Likewise,
creditors can't discriminate based
on whether the applicant receives
funds from the government such as welfare, social security, VA benefits, alimony and more.
The plan must include fixed payments
on a regular schedule — typically biweekly or monthly — paid to the trustee who then distributes the
funds to
creditors according to the plan's terms.
Some potential clients may not be ready for credit repair due to lack of
funding, inability to stay current
on future
creditor payments, or the need to declare bankruptcy.
Depending
on what type of loan you're approved for, American Express can either deposit
funds directly to a business bank account or pay off your
creditors directly.
The firms may promise to hold your
funds in a special account and pay the
creditors on your behalf.
The agency will then distribute these
funds between your lenders /
creditors and negotiate with them to reduce the amount of interest you're paying
on your balances.
When enough money accumulates to pay off one of your
creditors, at that time you will be contacted by one of the negotiators working
on your case and you must then approve the settlement offer before any
funds are released to your
creditors.
We take the stress out of the mess and deal with your
creditors for you, so that you can focus
on saving sufficient
funds to ultimately settle any remaining debts.
You will pay your monthly expenses yourself, you make a monthly payment to Credit Canada, which will disburse those
funds to your
creditors on your behalf.
However, they are required to keep investors» assets with a third - party custodian, which means if the
fund provider becomes insolvent its
creditors have no claim
on your money.
«Debt settlement providers often encourage consumers to stop paying
creditors, or consumers stop
on their own because they simply can not afford simultaneously to make monthly payments to their
creditors, set aside
funds for settlements, and pay fees to the debt settlement company.
And if you know you're going to be short
on funds, call the
creditor in advance to set up a payment arrangement.
Based
on this definition, whether
funds in an account qualify for protection from
creditors depends
on the legal characteristics of the account they are held in.
On one hand they appear to make the argument they can't shoulder any more consumer protection obligations because creditors have cut back on their funding, but at the same time they appear to have done nothing to require creditors to fund them at appropriate level
On one hand they appear to make the argument they can't shoulder any more consumer protection obligations because
creditors have cut back
on their funding, but at the same time they appear to have done nothing to require creditors to fund them at appropriate level
on their
funding, but at the same time they appear to have done nothing to require
creditors to
fund them at appropriate levels.
Whatever
funds she saved with her
creditors would be added
on as income at the end of the year and taxed accordingly by the IRS.
Since non-profit credit counselors are dependent
on funding by
creditors for this debt management plan and
creditors set the terms and control which credit counseling agencies can participate, the
creditor calls the shots and pulls the strings.
Those behind the liquidation of Lehman Brothers — declared bankrupt in 2008 — laid down a vast 142 works which went up
on the block in a bid to raise
funds to pay off cut - short
creditors.
At the moment of registration, the client receives the freed
funds from the escrow account, while the investor or litigation
funder continues to be the bank
creditor, set - off the claim with
funds on correspondent or non-resident accounts of the bank or collecting it through litigation.
We are frequently engaged as the independent broker and advisory agent for administrators, liquidators, trustees in bankruptcy,
creditors and other financially distressed companies to arrange and advise
on the most appropriate litigation
funding or insurance option for their individual circumstances.
These
funds are not part of the decedent's estate, and
creditors have no claim
on these moneys.
Court of Appeal hearing due April 2016 — in the light of the April 2015 pension flexibilities, this is an important forthcoming decision
on whether trustees in bankruptcy can oblige bankrupt individuals to access DC
funds under the new flexibilities, to enhance
creditors» returns.
Especially the status as a usual
creditor and therefore the possible participation in haircuts
on debt has a direct budget
funding effect, albeit without a service in return.
Recent cases include: Axiom Litigation Financing
Fund (acting for the «receiver / liquidator» of a Caymans Islands fund: # 110m dispute); Frauntled Management Limited v Featherwood ($ 13m investment dispute before the BVI Court of Appeal); BBX Capital Asset Management v Royal Bank of Canada & Ors ($ 30m Cayman dispute relating to transaction to defraud creditors / sham trusts); Trinity Management Group Ltd v Burke Consolidated Ltd (s. 184I / s.175 BVI dispute); Maruti Holdings PTE Limited v Sinclair Strategies Limited (BVI jurisdictional challenge); QVT Fund & Ors v China Zenix Auto International Limited (s. 184I and s184C BVI dispute: interim injunction) In addition, the international nature of commercial fraud often results in Paul advising in relation to proceedings before off - shore courts such as in VTB v Nutritek (advised on interim relief in Cayman Islands and maintenance of BVI injunction in light of UK Supreme Court decisions) and in other off - shore jurisdictions such as Jersey, Guernsey and Ne
Fund (acting for the «receiver / liquidator» of a Caymans Islands
fund: # 110m dispute); Frauntled Management Limited v Featherwood ($ 13m investment dispute before the BVI Court of Appeal); BBX Capital Asset Management v Royal Bank of Canada & Ors ($ 30m Cayman dispute relating to transaction to defraud creditors / sham trusts); Trinity Management Group Ltd v Burke Consolidated Ltd (s. 184I / s.175 BVI dispute); Maruti Holdings PTE Limited v Sinclair Strategies Limited (BVI jurisdictional challenge); QVT Fund & Ors v China Zenix Auto International Limited (s. 184I and s184C BVI dispute: interim injunction) In addition, the international nature of commercial fraud often results in Paul advising in relation to proceedings before off - shore courts such as in VTB v Nutritek (advised on interim relief in Cayman Islands and maintenance of BVI injunction in light of UK Supreme Court decisions) and in other off - shore jurisdictions such as Jersey, Guernsey and Ne
fund: # 110m dispute); Frauntled Management Limited v Featherwood ($ 13m investment dispute before the BVI Court of Appeal); BBX Capital Asset Management v Royal Bank of Canada & Ors ($ 30m Cayman dispute relating to transaction to defraud
creditors / sham trusts); Trinity Management Group Ltd v Burke Consolidated Ltd (s. 184I / s.175 BVI dispute); Maruti Holdings PTE Limited v Sinclair Strategies Limited (BVI jurisdictional challenge); QVT
Fund & Ors v China Zenix Auto International Limited (s. 184I and s184C BVI dispute: interim injunction) In addition, the international nature of commercial fraud often results in Paul advising in relation to proceedings before off - shore courts such as in VTB v Nutritek (advised on interim relief in Cayman Islands and maintenance of BVI injunction in light of UK Supreme Court decisions) and in other off - shore jurisdictions such as Jersey, Guernsey and Ne
Fund & Ors v China Zenix Auto International Limited (s. 184I and s184C BVI dispute: interim injunction) In addition, the international nature of commercial fraud often results in Paul advising in relation to proceedings before off - shore courts such as in VTB v Nutritek (advised
on interim relief in Cayman Islands and maintenance of BVI injunction in light of UK Supreme Court decisions) and in other off - shore jurisdictions such as Jersey, Guernsey and Nevis.
The beginning of the post refers (without linking) to an earlier post
on the same topic: «Last year in this blog we reported
on a decision by the United States Court of Appeals for the Seventh Circuit finding that inherited IRAs were not «retirement
funds» exempt from claims of
creditors in bankruptcy.»
Since 1995 the litigation
funding industry in Australia has enjoyed a statutory exception to the common law prohibition against maintenance and champerty to assist company administrators and liquidators to pursue debts
on behalf of
creditors of a company.
Sisu Capital
Fund Ltd & Anr v Tucker & Ors [2006] BCC 463 Applications in the TXU insolvencies for the revocation or suspension of voluntary arrangements under s. 6 IA 1986
on the grounds that they unfairly prejudiced
creditors of the Companies, that there were material irregularities in relation to the
creditors» meetings and that there were conflicts of interest which were not properly managed by the supervisors; and applications to remove the supervisors of the CVAs.
A motion by the lawyer representing the pensioners to wind up the Sears Canada pension
fund was postponed
on Tuesday, but Ontario Superior Court Justice Glenn Hainey also ordered that other
creditors in the company's insolvency are not to be paid until the issue is addressed.