[OTS] accelerated dividend A dividend paid to proven creditors of the receivership based on a projection of future funds available.
receivership A form of bankruptcy in which a firm can avoid liquidation by reorganizing with the help of a court-appointed trustee. recession A period of general economic decline, spread across the whole economy for longer...
Korea Line, South Korea's second-largest dry-bulk shipping line, officially entered court receivership this week after filing for protection late last month.
- Section 1 deals with company operations; qualifying events include initiation or termination of a material definitive agreement, bankruptcy, and receivership.
When a company cannot pay its bills, has to liquidate, or ends up in receivership or bankruptcy, this is helpful information and provides the creditors with what money is left to pay them out.
Receiver's certificate
A debt instrument issued by a receiver and serving as a lien on the property, which provides funding to continue operations or to protect assets in receivership.
insurance, which guarantees the safety of deposits in member banks. The FDIC also examines and supervises certain financial institutions for safety and soundness, performs certain consumer-protection functions, and manages banks in receiverships ...
However, the issuer must disclose information concerning any material bankruptcy, receivership, or similar proceeding (including those involving a subsidiary).
Once a company becomes insolvent, it must take immediate action to generate cash and settle or renegotiate current debts. Companies which cannot successfully pull themselves out of insolvency often face bankruptcy proceedings, receivership, ...
 See also: Share, Stock, Asset, Investment, Trading
  
|
RSS
