Sentences with phrase «trade creditors»

Trade creditors refer to the companies or individuals to whom a business owes money for goods or services received as part of its daily operations. They are the suppliers and vendors that a business purchases goods or services from, but has not yet paid for. Full definition
Recently, Elliott Greenleaf made a pitch to an unsecured creditors» committee representing trade creditors in the bankruptcy of a large manufacturer of building materials.
Dubai - based developer, Limitless, is making an early payment of AED2.07 billion (US$ 0.56 billion) to banks and trade creditors after concluding a restructuring agreement with lenders.
Current Liabilities: These are obligations due and payable within one year e.g. Trade creditors, bank overdraft and wages payable.
This is an astonishing & voluntary allocation of cash — revenue increased, cost of sales increased, financial stability improved, I'm sure trade creditors would have been perfectly comfortable with an increase in Donegal's payables.
As the focus of this present book is on decreasing trade risk by understanding the procedures available for trade creditors, this overview of the Canadian jurisdictions provides a timely and practical guide to enforcing creditor rights.
She represents parties such as banks and financial institutions, debt buyers, asset buyers, landlords, and trade creditors in various proceedings, including bankruptcy cases, foreclosures, workouts, and receiverships.
There are many reasons why businesses can suffer from cash flow problems such as lack of profitability, arrears (taxation, rent & trade creditor) and negative capital buffer.
Claiming assets of just $ 600,000 and liabilities thrice that (mostly to trade creditors), Dack's filed for bankruptcy in December.
Current liabilities include notes payable on lines of credit or other short - term loans, current maturities of long - term debt, accounts payable to trade creditors, accrued expenses and taxes (an accrual is an expense such as the payroll that is due to employees for hours worked but has not been paid), and amounts due to stockholders.
«We are here today to reassure investors, financial and trade creditors, employees, and our citizens that our government will act at all times...
D&B's Paydex score is solely based on your payment history to your trade creditors.
The emphasis is on understanding in - depth, from the bottom - up, the company and the securities it issues; and also the character and motivations of managements, other control entities, and others senior to the common stock, ranging from secured lending by commercial banks to trade creditors to holders of subordinated debentures to holders of preferred stocks.
At Lipson Neilson, we have represented a wide variety of business restructuring scenarios including debtors, pre - and post-bankruptcy lenders, trade creditors, landlords, public bondholders, trustees, official committees, liquidating trustees, assignees for the benefit of creditors, and asset purchasers.
Burch & Cracchiolo attorneys represent Phoenix secured and unsecured lenders and lender groups, as well as landlords, trade creditors and bondholders, in the full range of litigation matters that start or end up in bankruptcy court or which arise out of insolvency issues.
Our clients are debtors, private and public debt and equity holders, trade creditors, creditors» committees, equity committees, trustees, examiners, landlords, lenders, financial institutions, and purchasers of assets from troubled companies.
John represents secured lenders, trade creditors, landlords and others in out - of - court restructurings, collection and bankruptcies and assists buyers and sellers of distressed businesses.
Our experience, coupled with our strengths in commercial and insolvency work, enable us to assist clients not only in dealing with their disputed claim, but also in coping with cash flow, trade creditors and many other related commercial problems that often arise from the delayed settlement of an insurance claim.
Our lawyers provide a full service to companies in financial difficulties as well as to banks and other lenders, trade creditors and suppliers.
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