1. A spokesman for Dabhol said the company invoked the payments guarantees to protect the company, its lenders and suppliers. 2. Might the state lighten up the terms of the tax payment guarantee? 3. As cross-debt payment guarantee is a common practice among affiliates, Mando defaulted early this month and sought court receivership. 4. Over the weekend, Cavallo said the government will seek to restructure its hefty debt load by offering greater payment guarantees to creditors in exchange for lower interest rates. 5. Some suppliers are still holding off on shipping to Kmart, waiting for payment guarantees from companies known as factors that act as intermediaries. 6. The chaebol thrived on cozy relations with past military governments under a system of cross-funding and cross-loan payment guarantees among their subsidiaries. 7. Group spokesman Yoo Won said the shake-up would help LGE boost efficiency and transparency by restricting capital exchanges and payment guarantees between group units. 8. He said the suppliers were asking a payment guarantee of the unpaid bills to be included in the final deal to sell the automaker to General Motors Corp. 9. The debt payment guarantee sparked speculation in the market that Chung would try to regain control of Hyundai Merchant. |
|