The creditor demanded immediate payment from the debtor.
债权人要求债务人立即偿还。
The creditor's rights were protected by the court in the bankruptcy case.
在破产案件中,债权人的权益得到了法院的保护。
The creditor negotiated a settlement with the borrower to reduce the debt.
债权人与借款人协商,达成减少债务的协议。
He is a known creditor of the company, having lent them a large sum of money.
他是这家公司的知名债权人,曾借给他们一大笔钱。
The creditor filed a lawsuit against the delinquent borrower for unpaid loan.
债权人因未偿贷款向违约借款人提起诉讼。
In default, the creditor can seize the debtor's assets to recover their owed funds.
若债务人违约,债权人可以查封其资产以收回欠款。
The creditor's lien on the property gave them priority over other
creditors in case of sale.
债权人对房产的抵押权使他们在财产出售时优先于其他债权人。
The creditor sent out notices to all debtors to update their payment status.
债权人向所有债务人发出通知,更新他们的付款状态。
The creditor's patience ran out after several missed payments, and they decided to repossess the collateral.
多次逾期付款后,债权人失去了耐心,决定收回抵押物。
The creditor agreed to a debt consolidation plan, allowing the debtor to manage their repayments more effectively.
债权人同意债务重组计划,以便债务人更有效地管理还款。
"The integral role China plays in global supply chains will likely remain a supporting factor for the sovereign rating, along with broader external finance strengths from high foreign exchange reserves and a strong external creditor position," Zook said.
Zook表示:“中国在全球供应链中发挥的不可或缺的作用,以及高外汇储备和强大的外部债权人地位带来的更广泛的外部融资优势,很可能仍然是主权评级的支撑因素。”。
Under the judicial system in Hong Kong, after creditors fail to demand repayment from a company, they can file a winding up petition at the court to force the company to repay the debt to avoid being wound up.
根据香港的司法制度,在债权人未能要求公司偿还债务后,他们可以向法院提出清盘申请,迫使公司偿还债务以避免清盘。
The converted new notes, mandatory convertible bonds and convertible bonds were listed on the Singapore Exchange on Tuesday, and Sunac Services' shares have been transferred to the creditors concerned, the company said.
该公司表示,转换后的新票据、强制性可转换债券和可转换债券已于周二在新加坡交易所上市,苏纳克服务的股份已转让给相关债权人。
During that process, the company also promises to actively communicate with the creditors on potential solutions.
在此过程中,该公司还承诺将积极与债权人就潜在的解决方案进行沟通。
The chapter shields non-US companies that are undergoing restructuring from creditors who hope to sue them or seize their assets in the US.
该章保护正在进行重组的非美国公司不受希望起诉或扣押其在美国资产的债权人的影响。
Yan Yuejin, director of the Shanghai-based E-house China Research and Development Institution, said as a result of the recent setbacks, the likelihood of Evergrande not being able to reach an offshore debt restructuring agreement with its creditors and the risk of its liquidation have increased.
总部位于上海的易居中国研究开发院院长严跃进表示,由于最近的挫折,恒大无法与债权人达成离岸债务重组协议的可能性增加,清算的风险也增加了。
Starting from March this year, it has been seeking creditors' approval for its proposals to restructure offshore debt worth $19.15 billion.
从今年3月开始,该公司一直在寻求债权人批准其重组价值191.5亿美元离岸债务的提议。
Under the plan, the company proposed various options to offshore creditors, including swapping some of its debt holdings into new bonds with a maturity of 10 to 12 years.
根据该计划,该公司向海外债权人提出了各种选择,包括将其持有的部分债务转换为到期日为10至12年的新债券。
But on Sept 22, the company said in a statement that it would delay a debt restructuring meeting with creditors that was due on Monday, as the sales of the group had not met its expectations.
但9月22日,该公司在一份声明中表示,由于该集团的销售额未达到预期,将推迟原定于周一与债权人举行的债务重组会议。
An overseas creditor of Evergrande told securities news platform CLS that trading of bonds already involved in the restructuring plan could resume on Thursday night, but it remained unknown whether the trading of overseas debts could resume normally and whether the restructuring plan needs to be renegotiated.
恒大的一位海外债权人告诉证券新闻平台CLS,已经参与重组计划的债券可能会在周四晚上恢复交易,但海外债务交易是否能正常恢复以及重组计划是否需要重新谈判仍不得而知。
"Whether the company is reorganized or liquidated, I believe that with efforts from regulatory authorities, there are sufficient legal channels for domestic and foreign creditors to safeguard their rights and interests," said a partner of a Beijing-based law firm, who asked to stay anonymous.
一位要求匿名的北京律师事务所合伙人表示:“无论公司是重组还是清算,我相信在监管部门的努力下,国内外债权人都有足够的法律渠道来维护他们的权益。”。
China Evergrande Group, a prominent property developer with debt troubles, is seeking to protect its US assets from creditors while working on a restructuring deal elsewhere.
有债务问题的著名房地产开发商中国恒大集团(China Evergrande Group)正在寻求保护其美国资产不受债权人的影响,同时在其他地方进行重组。
The code chapter shields non-US companies that are undergoing restructurings from creditors that hope to sue them or seize the assets in the United States.
《准则》一章保护正在进行重组的非美国公司不受希望起诉或扣押其在美国资产的债权人的影响。
Evergrande and its main creditors made progress by entering into binding agreements with bondholders for $19.15 billion of notes the company had previously issued, Evergrande said in a statement late on Wednesday.
恒大在周三晚些时候的一份声明中表示,恒大及其主要债权人与债券持有人就该公司此前发行的191.5亿美元票据达成了具有约束力的协议,取得了进展。
Evergrande gave creditors a basket of options to swap their debt for new bonds and equity-linked instruments backed by the group and its two Hong Kong-listed companies, Evergrande Property Services Group and Evergrande New Energy Vehicle Group.
恒大为债权人提供了一篮子选择,以将其债务换成由该集团及其两家在香港上市的公司恒大物业服务集团和恒大新能源汽车集团支持的新债券和股权挂钩工具。
The notice for creditors' procedure is currently underway and creditors can declare their claims to the liquidation team within 45 days from the date of the notice.
债权人程序通知目前正在进行中,债权人可以在通知之日起45天内向清算组申报债权。
China Evergrande has been actively communicating with creditors to push forward work related to offshore debt restructuring, and the preliminary offshore debt restructuring plan is projected to be announced before the end of July, a public filing said.
一份公开文件称,中国恒大一直在积极与债权人沟通,推动离岸债务重组相关工作,初步离岸债务重组计划预计将于7月底前公布。
The creditor is actually applying pressure through this move in an effort to urge China Evergrande to better communicate and coordinate with its investors, Yan said.
严表示,债权人实际上是在通过此举施加压力,以敦促中国恒大更好地与投资者沟通和协调。
Together with China Evergrande, three Chinese developers have faced winding-up petitions made by overseas creditors this year-DaFa Properties Group Ltd and Fantasia Holdings Group Co Ltd are among them.
与中国恒大(China Evergrande)一起,今年有三家中国开发商面临海外债权人的清盘申请,其中包括大发地产集团(DaFa Properties Group Ltd)和幻想控股集团(Fantasia Holdings Group Co Ltd)。
Last year, it acquired nearly 10 billion yuan in creditor's rights transferred by trust companies and became the first purchaser of nonperforming assets of wealth management products issued by banks and also successfully disposed of such bad assets, said Zhang at a recent news conference held by the China Banking and Insurance Regulatory Commission.
张在中国银行保险监督管理委员会最近举行的新闻发布会上表示,去年,该公司收购了信托公司转让的近100亿元债权,成为银行发行理财产品不良资产的第一个购买者,并成功处置了此类不良资产。
It said the company held a telephone conference with its creditors on Jan 26, reiterated its position that it will evaluate the conditions of the group with a view of formulating a restructuring plan for the protection of the rights of the stakeholders.
该公司表示,该公司于1月26日与债权人举行了电话会议,重申了其立场,即将评估该集团的状况,以期制定一项重组计划,保护利益相关者的权利。
To this end, the company is asking its auditor to carry out the relevant audit work, and will continue to listen carefully to the opinions and suggestions of the creditors, according to the announcement.
公告称,为此,公司要求审计师开展相关审计工作,并将继续认真听取债权人的意见和建议。
Previously, the property developer failed to fulfill the guarantee obligation, which would possibly accelerate the maturity of its debts at the request of creditors.
此前,房地产开发商未能履行担保义务,这可能会应债权人的要求加速其债务的到期。
In January, HNA said it had received notice from the Hainan High People's Court that creditors had sought bankruptcy as it failed to repay debts.
今年1月,海航表示已收到海南省高级人民法院的通知,称由于未能偿还债务,债权人已申请破产。
HNA Group, parent company of Hainan Airlines, said on Friday it had received notice from the Hainan High People's Court that creditors had sought the company's bankruptcy restructuring due to failure to repay debts.
海航集团周五表示,已收到海南省高级人民法院通知,因未能偿还债务,债权人已申请该公司破产重组。海航集团是海航控股的母公司。
It will also support the court's efforts to protect the legitimate rights and interests of the creditors and ensure normal operations of the company.
这也将支持法院努力保护债权人的合法权益,并确保公司正常运营。
The conglomerate said it has received notice from the Hainan High People's Court that creditors had sought the company's bankruptcy and restructuring due to failure to repay debts.
该集团表示,已收到海南省高级人民法院的通知,称债权人因未能偿还债务,已申请公司破产重组。
Jia said the creditor trust has been officially established and is currently operating.
Jia said he has held on to less than 10 percent of the creditor trust assets mainly to compensate possible loss of LETV’s share holders, which will be initiated after legal procedures.
Insolvency documents filed by the company showed that the group was facing demands of almost 500 million pounds ($618 million) from hotel partners and other creditors.
However, the 900 million pound rescue deal failed, while talks with creditors and British authorities also failed to materialize.
New Business: First deal of new commercial-building business signedIn another notice issued on the same date as the report, it was disclosed that CFLD transferred 100 percent ownership and 442 million yuan in creditor’s rights of its project company (Beijing Wusheng Technology Co, Ltd) to Ping An Life Insurance.
The transfer of ownership and creditor’s rights to Ping An at a total price of 5.82 billion yuan marked a new start of light-asset business model for the company.
Han Xiao, a lawyer with Beijing Kangda Law Firm, told International Financial News that if a creditor tries to pursue the bankruptcy of its debtor, they need to go through legal procedures, including providing proof relating to the claim and insolvency of the company.
The curtain is coming down on the company co-founded by Weinstein and his brother Bob, and now it's time to see how much its creditors, including one Wanda Pictures, get paid.
Top secured creditors include Union Bank and Bank of America, who are owed $156 million.
One of the unsecured creditors is Wanda Pictures, which lent $14.4 million, according to the filing made in Delaware.
An unsecured creditor is an individual or institution that lends money without getting specific assets as collateral.
Any cash from the asset sale will go to its 200-plus creditors, in addition to the payment of wages, litigation claims and legal fees.
Other unsecured creditors include marketing company Palisades Media ($13.7 million), David Boies' law firm Boies, Schiller and Flexner ($5.7 million), Viacom ($5.6 million) and Sony Pictures Entertainment ($3.7 million).
On Tuesday night, Dongyang Kingrain Media Co Ltd, one of Leshi's creditors, announced it received a debt of 155 million yuan from Leshi and its subsidiaries according to their agreement.
LeEco founder Jia seeks time from creditors to clear outstanding debtsChinese actress Gan Wei, better known as the spouse of beleaguered tycoon Jia Yueting, said on Wednesday that she would deal with the debt issues plaguing LeEco.
In a post on her Sina Weibo account, China's Twitter-like social media, Gan said that she would meet the creditors to resolve the debt problems and confirmed that Jia owed 6.9 billion yuan ($1 billion) on loans connected to pledged shares, and has paid 1.7 billion yuan towards interest on the same since 2014.
He also cited false and malicious reports that led to problems with creditors and suppliers.
The key is to handle the relationships with creditors and communicate actively with them, as well as clarify the doubts from the public," said Yan Yuejin, research director at E-house China R&D Institute.
The CBRC will further promote and improve the foundation of creditor committees to stabilize financial support for those good businesses that are running into difficulties at the moment, he said.
A creditor committee is defined as a temporary organization set up by at least three banks that are creditors to a company where the latter is unable to repay its large outstanding debt.
[Photo/VCG]SHENYANG - A restructuring draft plan for Dongbei Special Steel was passed at a creditors meeting on Tuesday and will be implemented after court approval.
A total of 1,911 creditors cast their votes both on site and online at the meeting, presided by the Dalian City Intermediate People's Court.
According to the plan, debt below 500,000 yuan ($74,000) for each creditor will be paid off, with any excess debt over 500,000 yuan to be paid in cash in certain proportions or swapped for equity, based on the choice of the creditor.
Seven years into the debt crisis and bailout programs, PPC faced accumulating overdue bills and creditors' demands to open up the market to competition and sell assets.
Given private enterprises' relative inability to contain risk and their lack of quality collateral for financing, more innovative methods should be explored, to motivate potential lenders and creditors while also effectively managing private enterprises' loan or debt default risk, he said.
"China as an emerging creditor has the potential to promote information sharing, post-evaluation and policy communication with other creditors.
Publicly available data indicate that China is not their sole or primary creditor and countries involved in the BRI have borrowed from a variety of creditors, including the United States, European countries, Japan, the World Bank and the International Monetary Fund, among others.
The interest rate of Chinese loans, on average, is about 2.7 percent, while that of Western creditors is 5 percent.
Financial institutions and real estate companies are encouraged to negotiate independently based on commercial principles and under the premise of ensuring the security of creditor's rights, and to decide on extensions and repayment adjustments of existing loans to promote financing and completion of the projects involved.
"The majority of debt in emerging markets is owed to Western institutions, multilateral institutions and financial institutions, including private creditors - not to China," Jin told China Daily on the sidelines of the ongoing Summer Davos Forum in Tianjin on Wednesday.
"Going forward, the Western countries have to recognize that the rules of their game have to be adjusted, not only to meet modern and contemporary standards, meaning closer to the market, involving private creditors and also incentivizing China to play a greater role.
Yang Haiping, a researcher at the Central University of Finance and Economics' Institute of Securities and Futures, said holdings reductions by major US creditors, including China, reflect the international community's faltering trust in the greenback.
In particular, she called on major creditors to enter into debt restructuring with those nations that are battling both inflation and debt distress.
Multilateral creditors, like the World Bank, should participate in debt mitigation actions in a substantive way, providing support for low-income countries, said Liu.
Luo said the classification management of enterprise credit risks, which mainly involves the relationship of the creditor's rights and debt obligation, and reflects the current credit risk of enterprises to a certain extent, could also ensure safety in transactions and regulate the behavior of market entities.
Because a country's debt is often held by multiple creditors, debt relief requires coordination," he said.
Raiser noted that the G20 agreed to a Common Framework last year to facilitate coordination among official creditors.
As financial liability accounts for less than one-third of Evergrande's total debt and the group's creditors are quite diversified, the risk exposure for a single financial institution is not large, with the overall risk to the financial sector being under control, Zou added.
"While small and micro firms roughly account for 60 percent of China's GDP and 80 percent of employment, they continue to face structural constraints in obtaining financing, particularly during the heights of the pandemic when creditors tend to be more risk-averse.
For all possible situations, especially as the second-largest foreign creditor and the largest source of the trade deficit in the United States, China should take precautions and make full preparations.
As China has emerged as a major world creditor and developed its own vaccines, Georgieva believed that collaboration from China in the areas of debt sustainability and access to vaccines is also very important.
Besides the prevailing method of banks' IP pledge financing, HTI has taken bold moves in the securitization of IP rights since last year, including the issuance of the nation's first IP-related asset-backed securities product with underlying assets of creditor's rights on small-sum loans.
That's where cooperation among all the creditors is absolutely necessary," said Stiglitz.
While it seeks to restructure, China Evergrande Group, a prominent property developer with debt troubles, filed on Thursday for protection of its United States assets from creditors in a bankruptcy court in New York, according to court documents.
This means, financial institutions will get a fillip to negotiate with real estate enterprises on outstanding loans, such as for housing development, in a market-friendly way, and ensure creditors' rights.
Financial institutions are encouraged to negotiate with real estate enterprises regarding their outstanding loans, such as housing development loans, in a market-oriented manner, under the condition of ensuring creditors' rights.
It said the company held a teleconference with its creditors during which it reiterated its position that it will evaluate conditions of the group with a view to formulating a restructuring plan for the protection of the rights of the stakeholders.
To this end, the company is asking its auditor to carry out relevant work, and it will continue to listen closely to the opinions and suggestions of creditors, according to the announcement.
Previously, the property developer failed to fulfill guaranteed obligations, which would possibly accelerate the maturity of its debts at the request of creditors.
Cash-strapped, debt-laden China Evergrande Group, a prominent Chinese property developer, may have ridden out a testing phase with its decision to sell some of its cherished assets, thereby winning the approval of several major creditors to postpone repayment of its maturing loans.
资金链紧张、负债累累的中国房地产巨头恒大集团,通过出售部分优质资产的举措,成功度过了一段严峻考验期,并由此赢得了若干主要债权人的认可,同意其延期偿还即将到期的贷款。
Starring Roy Chiu and Wei-Ning Hsu, the movie tells the romance between a debt collector and the daughter of his creditor.
该电影由Roy Chiu和Wei-Ning Hsu主演,讲述了一位债主之女与催债人的爱情故事。
The working group helped HNA in its efforts to restore employee confidence and in the talks with creditors.
该工作小组帮助海航集团恢复员工信心,并在与债权人的谈判中提供支持。
The group has completed its overseas assets disposal, resolved major capital risks, protected the interests of creditors and ensured the safety of its overseas assets, according to the working group.
该工作组表示,集团已完成了海外资产处置,化解了重大资本风险,保护了债权人的利益,并确保了海外资产的安全。
According to Lin, Gu and Ren could prescribe the right recipe from the provincial government's point of view; Li may focus on the safety and operation of HNA Group's core business Hainan Airlines, and Cheng of China Development Bank is one of the group's biggest creditors.
Adrian, from the IMF, said: "If such providers can keep client funds as central bank reserves, and if these are protected from other creditors, then, by proxy, e-money users can hold, and transact in, a central bank liability.
The selling price for the 60 percent stake is 1 yuan, and 536 million yuan for the 592 million yuan creditor's rights.
Chinese automaker Huachen Automotive Group has officially entered the bankruptcy and restructuring procedure due to debt crisis, after local court accepted the bankruptcy and restructuring petition of the company's creditors on Nov 20, according to a Xinhua report.
Last week, one of its creditors applied to the court for a restructuring of the carmaker located in Shenyang, Liaoning province.
Through the participation of investors, Lifan is seeking to optimize its asset, debt and equity structures, safeguard the legitimate interests of creditors, as well as integrate industrial resources for future transformation and upgrade.
For those injured and the families of those killed, the major question is what happens to their legal cases while a bankruptcy court sorts through competing claims from Takata creditors.
"Facing the weaponized US dollar, China must try its best not to be a creditor of the US.
China, the US's second-largest foreign creditor after Japan, cut its holdings of US Treasury securities for six consecutive months in September to $778.1 billion, data from the US Department of the Treasury showed on Tuesday.
・ Triple A Digital Finance Innovation Award, Best QDII Custody Bank Award, Best Sustainable Creditor Award granted by The Asset.
Collective action and fair burden sharing are required to solve sovereign debt issues, Pan said, while multilateral development banks should bear their shares of contribution and private-sector creditors should participate in a comparable manner.
"The renminbi may be used more in international debt repayment as in Argentina's case — a breakthrough in enhancing the renminbi's status as an international currency — which can boost creditors' willingness to accept the renminbi in repayment.
Any debt risk can be shared fairly among debtors and creditors, and the principle of "no bailout from the central government" should be strictly adhered to.
From a creditor's point of view, the net withdrawal of the non-banking portion of the bonds may be compensated by other local financial resources.
China, the US's second-largest creditor after Japan, reduced its holdings of US Treasury securities in May to $846.7 billion, down by $22.2 billion from the previous month and marking the lowest level since June 2009, when the reading came in at $776.4 billion.
"The majority of debt in emerging markets is owed to Western institutions, multilateral institutions and financial institutions, including private creditors — not to China," Jin said.
"Going forward, Western countries have to recognize that the rules of their game have to be adjusted, not only to meet modern and contemporary standards, but also get closer to the market, involving private creditors and incentivizing China to play a greater role.
Any debt risks will be fairly shared among debtors and creditors, and the principle of "no bailout from the central government "will be strictly adhered to, the ministry said.
Any debt risks would be fairly shared among debtors and creditors, and the principle of "no bailout from the central government "will be strictly adhered to, the ministry said.
Any debt risks will be fairly shared among debtors and creditors.