Search results for keyword: creditor
voluntary liquidation
Voluntary Liquidation
Voluntary liquidation is the process of winding up the activities of an insolvent company due to lack of funds. In this process, the assets of the company, such as property and cash, are sold to pay off debts and other liabilities. The remaining funds are distributed to the ......
1034 
Sophie
Budget
Most people, whether accidentally or intentionally, find themselves in the situation of needing money but not having it. The need for more money than what currently exists can be overwhelming and extremely stressful. Facing financial stress can be difficult, but there are strategies and tactics av......
AlixPartners, USA
AlixPartners is a global consulting firm that helps business and financial organizations solve complex challenges and critical issues. Founded in 1981, today AlixPartners has 25 global offices around the world and 20 different nationalities represented in its executive team. The firm focuses on th......
Nanjing Chuning Steel Trading Co., Ltd.
Nanjing Chuning Steel Trade Co., Ltd. is located in the famous Tangyin iron and steel industrial park, Nanjing City. It is a company specializing in the wholesale, retail and export sales of iron and steel products such as deformed steel bars, profile steel, steel pipe and other products.
The com......
liquidation
Busted Warehouse
On a cold winter morning, the doors to the warehouse finally opened, revealing a cavernous space that was once used for storing the goods of the local community. Inside, the remains of a busy operation lay in disarray and disrepair. Broken pallets and boxes, splintered wood, brok......
tax haven
Offshore Tax Havens: What Are They And How Do They Work?
Offshore tax havens, also known as tax shelters, are countries or jurisdictions whose laws facilitate tax reduction for non-residents. These countries have laws designed to attract business entities from other countries that are seeking to ......
balance of payments imbalance
Current International Payments Imbalance
International payments imbalance is a major cause of concern for countries all around the world. The imbalance of payments reflects a systemic problem in the global economy, arises in an environment of policies, rules, conventions and institutions. The two......
external pledge
Pledge of Good Faith: What It Is and How It Benefits Business
Pledge of good faith is a legal concept which is embedded in many modern contracts and which obliges one party to the other to act in good faith when dealing with or performing certain obligations or duties. In essence, the pledge of g......
International Trade Credit
International Trade Credit
International trade credit is a key factor in enabling businesses of all sizes to engage in global commerce. The ability to obtain credit for large projects or purchases can give companies the capital necessary to take part in transactions in different countries and mar......
gentleman's agreement on export credits
Credit Goodwill Agreement
This Credit Goodwill Agreement (Agreement) is entered into and agreeing upon by and between [Party A], of [Address A], hereinafter referred to as the Client, and [Party B], of [Address B], hereinafter referred to as the creditor. The Client and the creditor hereinafter r......
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