Variationpreferred creditornouna creditor who must be paid first if a company is in liquidation
Related information about preferential creditor:
- Preferential creditor - Wikipedia, the free encyclopedia
A preferential creditor (in some jurisdictions called a preferred creditor) is a creditor receiving a preferential right to payment upon the debtor's bankruptcy under ...
- Unsecured creditor - Wikipedia, the free encyclopedia
An unsecured creditor is a creditor other than a preferential creditor that does not have the benefit of any security interests in the assets of the debtor. In the event ...
- Preferential creditor - Financial Dictionary - The Free Dictionary
A creditor having priority to payment over one or more other classes of creditors. For example, holders of first mortgage bonds must be paid by the borrower ...
- What is preferential creditor? definition and meaning
Definition of preferential creditor: Variationpreferred creditornouna creditor who must be paid first if a company is in liquidation.
- Who Are Preferential Creditors for an Insolvent Company? | eHow.com
Debtors contemplating bankruptcy in a nation with preferential creditor provisions should consult an attorney in that nation who specializes in bankruptcy law.
- preferential creditor noun - definition in Business English Dictionary ...
preferential creditor noun - definition, audio pronunciation and more for preferential creditor noun: one of the people, businesses, etc. to which a bankrupt ...
- Has a restructuring credit event occurred with respect to the - ISDA
International Financial Institution and the IMF has claimed preferential creditor status with regards to their loan to the Republic of Ireland – see the press ...
- Preferential creditors - a new ruling on “accounts receivable - Lexology
Aug 30, 2011 ... This enabled the Inland Revenue to claim funds from the liquidators as a preferential creditor ahead of the secured creditor, who held a security ...