11. Texas Pacific also has experience with insolvent companies, having helped Continental Airlines and America West Airlines exit bankruptcy proceedings.
12. The IMF conditions require curbs on economic growth and spending that will force many insolvent companies out of business.
13. The practice has delayed corporate restructuring by giving otherwise insolvent companies a new lease on life and added to the woes of the banking system.
14. The trouble was, Thailand did not yet have an effective procedure for overhauling an insolvent company.
15. As part of the new agreement, the government will provide a framework for insolvent companies to keep trading while they work out their debts.
16. Bulgaria enacted a currency board two years ago in a key step to halt an unprecedented economic crisis which stemmed from excessive lending to insolvent companies and banks.
17. Bulgaria enacted a currency board two years ago in a key step to halt an unprecedented economic crisis, which stemmed from lending to insolvent companies and banks.
18. Coffey said the scam occurred when foundation management made sizable loans to insolvent companies owned by insiders.
19. However, the auction prices will only fairly dictate the market value of properties if all assets of the insolvent companies are auctioned off.
20. It permits the appointment of an independent trustee to manage the insolvent company while it is being restructured under court supervision.