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...Retirees do not have a vote on a sale of an accounting firms, but they are typically among their largest creditors....
...While its beneficiaries are not disclosed, the foundation is controlled by Benko’s mother, Ingeborg, according to Austrian public records. Benko’s daughter is called Laura....
...“Any funds available for distribution in an insolvent company will be paid out by the administrators in accordance with the statutory order of priority for creditor payments,” he said....
...There is more optimism about our market and our first priority is to continue to win [there],” he said....
...“In a down cycle, our main priority is to control costs,” he said. “The diversification into logistics also helps because it is less capital-intensive and less cyclical.”...
...China’s State Council, the cabinet, in July highlighted “ensuring the delivery of [unfinished] apartments” as a policy priority....
...Last week, prime minister Gabriel Attal said the government’s priority was to ensure the financial stability of Atos....
...Its 2,000-mile border with the US, broad manufacturing sector and relative stability make it a top potential beneficiary of the trend. “We need to get into Mexico....
...Finally, the behaviour of CDB when Sri Lanka slid into debt distress from 2020 showed how policy priorities can trump commercial practices in tough times....
...Benko is also the beneficiary of at least two trusts in Liechtenstein — the Ingbe foundation, and the Arual foundation, investigations by the Austrian magazine News have concluded....
...But in exchange, they swapped existing loans worth more than $400mn into a senior priority position — known as an “uptier exchange” — seizing the senior claim on Robertshaw’s collateral and leaving behind...
...Beijing’s priorities, including the completion of unfinished residential projects, could clash with those of creditors within and outside of the country....
...Deregulation is another high priority conservative objective with the principal beneficiaries the wealthy and business....
...Country Garden, one of the largest developers, received a liquidation petition filed by one of its creditors last week, which suggests a further decline in steel demand is on the cards....
...The boom in loans from China, the biggest bilateral creditor to poor nations during the past decade, is also over....
...And Trump 2.0 will probably have more immediate priorities than arm-twisting the IMF into a giveaway programme to a country he’d struggle to place on a map....
...Government guidelines around building a “silver” economy announced last week have identified dining assistance to the elderly as a priority....
...Windhorst last week told the FT: “It remains a priority of Tennor Group to repay its debts and Tennor Group and myself kept making payments to creditors including H2O during the past year and intends to...
...The finance industry may stand to be one of the biggest beneficiaries of this stage of the digital revolution. So far, adoption has been slow....
...Its first beneficiary is the nearby town of Acornhoek, with a project estimated to cost $100,000, says gallery owner Liza Essers....
...The focus on Africa has been a priority for the Biden administration as it competes with Russia and China in the so-called global south....
...If judgment were entered for Hamilton, the plaintiff may assert that it has priority in recovery while the debt restructuring negotiations are ongoing....
...In a statement about the new powers, Companies House and the business department said their priority was “cleansing the register”....
...The justice minister in Montenegro will determine which country has priority....
...Lawyers for Evergrande said in court the company was considering a deal that included handing “certificates” to creditors. 2....
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