After the company cut estimates of the size of its finds, creditors looked set to take control of Hurricane until a High Court judge blocked the restructuring plan concerned in June 2021.

Source: https://www.heraldscotland.com/business_hq/23414275.shetland-fields-sights-oil-traders-england/?ref=rss

Although similar to other chapters in some respects, chapter 9 is significantly different in that there is no provision in the law for liquidation of the assets of the municipality and distribution of the proceeds to creditors.

Source: https://www.lewrockwell.com/2023/05/no_author/in-the-event-of-an-official-us-bankruptcy/

Around 1million creditors face losses of billions of pounds, among them an estimated 80,000 Britons.

Source: https://www.dailymail.co.uk/money/crypto/article-12416545/PayPal-halts-UK-Crypto-sales-2024-amid-regulation-shake-up.html?ns_mchannel=rss&ns_campaign=1490&ito=1490

ASIC did not answer questions about whether its suspension and liquidation of FTX had been poorly structured and could have even provided a path for any director of a company determined to hide money from creditors.

Source: https://thenewdaily.com.au/news/politics/2023/01/31/ftx-billions-australian-odyssey/

A “Statement of Affairs” document published on Companies House in April 2022 revealed at that stage that Welcome to Yorkshire had £2.1m of identified debts to 67 different creditors.

Source: https://www.wakefieldexpress.co.uk/news/politics/council/welcome-to-yorkshire-wakefield-council-praised-for-refusing-to-bail-out-sinking-ship-4428667

But investors and experts said the issues around lack of information sharing was making it tough for all private lenders to craft debt reworks that public creditors deem comparable to their own offerings.

Source: https://www.onlanka.com/news/sri-lanka-bondholders-raise-concerns-over-debt-deal-transparency.html

CARACAS — Venezuela’s opposition is discussing how it might move frozen funds in foreign bank accounts into a proposed United Nations-administered humanitarian fund, including moving small amounts to protect the money from creditors, four sources said.

Source: https://nationalpost.com/pmn/news-pmn/man-sentenced-to-death-in-mali-for-un-peacekeeper-killings

Carvana’s biggest creditors have now signed a cooperation agreement covering $4 billion in Carvana debt.

Source: https://investorplace.com/2023/01/5-retail-stocks-to-put-on-your-2023-death-watch/

China is negotiating a compromise plan with other major creditors that could help break a logjam in debt-relief talks for struggling developing nations, the Wall Street Journal reported on Tuesday (Apr 11).

Source: https://www.channelnewsasia.com/business/china-talks-emerging-economy-debt-workout-compromise-wsj-3411276?cid=cna_flip_070214

Claims from ordinary preferential creditors, who include staff owed wages and holiday pay, had been agreed at £232,922 and had been paid in full.

Source: https://www.bournemouthecho.co.uk/news/23278863.much-creditors-will-receive-beales-company-dissolved/?ref=rss

Clients work with a non-profit credit counselling agency, which will negotiate with creditors on their behalf to lower the interest on unsecured debts while also combining unsecured debts into a single, lower monthly payment.

Source: https://www.moneysense.ca/save/debt/how-to-consolidate-debt/

Deposits and withdrawals remain suspended and creditors are expected to vote on a rescue package that could enable smaller account holders to be paid out.

Source: https://www.perthnow.com.au/business/crypto-creditors-to-learn-fate-of-savings-c-9356460

Documents filed with Companies House showed that HSBC, Guangzhou Pretty Fashion based in China, and Nova Sourcing USD based in Turkey were among the brand's largest creditors.

Source: https://www.cheshire-live.co.uk/news/chester-cheshire-news/real-housewives-cheshire-stars-firm-26882824

Dozens of clients have been left with unfinished houses while sacked workers from Bentley Homes are among the creditors still waiting for their money.

Source: https://www.dailymail.co.uk/news/article-12285059/Millbrook-Homes-Bentley-Homes-collapse-adding-construction-industry-woes.html?ns_mchannel=rss&ns_campaign=1490&ito=1490

Envision’s first lien term loan, the safest debt held by its creditors, fell to 50 cents on the dollar in 2019, when the initial effort to ban surprise medical bills nearly succeeded.

Source: https://www.counterpunch.org/2023/05/08/envision-healthcare-on-the-rocks/

Filming took years to complete — with a long break in the middle after the two key producers ran out of money and ran afoul of a vast array of creditors.

Source: https://newstalk1290.com/ixp/442/p/winter-kills-revival/

Furthermore, the company’s liquidation should be completed as early as possible “to maximize the company’s remaining assets available for distribution,” Algorand Foundation, one of the creditors, said in the filing.

Source: https://247wallst.com/investing/2023/01/13/hodlnaut-creditors-want-firm-to-be-liquidated-reject-restructuring-plan/

Hedge fund boss shreds Credit Suisse creditors: ‘Put on your big boy pants’

Source: https://nypost.com/2023/03/21/ubs-credit-suisse-takeover-could-layoff-tens-of-thousands/

He previously owned an Italian food business named My Pasta Bar in central London, which went into liquidation last year and reportedly left him owing almost £5 million to multiple creditors.

Source: https://www.dailymail.co.uk/tvshowbiz/article-11766199/Gino-DAcampos-restaurant-Liverpool-given-ONE-star-hygiene-rating.html?ns_mchannel=rss&ns_campaign=1490&ito=1490

However for them, the Paris Club and all other creditors, is the cardinal principal of equal treatment that early movers who make concessions would not receive less favorable terms than the hold outs.

Source: https://groundviews.org/2023/02/08/victoria-nuland-calls-chinese-bluff-on-sri-lanka-debt-relief/