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There were also discussions about the resolution of debt claims.
See the page in this guide on issuing your debt claim.
However other debt claims, including unsecured senior debt, were not.
Abatement of debt claims, conditioned upon adequate Mexican reforms, can release the financial bind.
By selling the debt claim, they can re-invest the proceeds from the sale in higher-performing ventures.
The debts may be secured or unsecured, but have a lower ranking priority than that of any senior debt claim on the same asset.
Holders of this debt claim they believed this would have helped deleverage the company and make its debt more manageable.
Mr. Bondi has recommended paying only 2 million euros ($2.5 million) of Citigroup's debt claims.
Victims of the sale of false debt claims were not made known of either their debt or the account opened with National Credit Solutions.
A lawyer for Omega, Daryle Jordan, denied wrongdoing by Omega and said it had countersued in contesting the debt claim.
A judge in Parma, where Parmalat is based, has until Nov. 18 to rule on Mr. Bondi's recommendations on the debt claims.
Thereby, TNK controlled 60% of the debt claims, and according to NoreX the Alfa Group took over Chernogorneft's oil sales below market prices.
Furthermore, Britons facing legal difficulties abroad will now have easier access to justice, including access to legal aid and translation services and simplified procedures governing compensation and debt claims.
With only 2 million euros of its debt claim recognized, Citigroup stands to have a small stake in the new Parmalat and to play a minor role in the company's immediate future.
An American executive detained in China since October while his company fought debt claims brought by China's biggest television maker was released on bail on Wednesday after an agreement between the companies.
AT&T has offered $307 million to purchase the assets of Excite@Home, a figure the creditors assert is ludicrously low since there are $1.3 billion in debt claims made by the high-speed network's creditors.
Even if you have started court action, it is not too late to try to reach an agreement with the defendant through some form of alternative dispute resolution - see the page in this guide on deciding whether to take your debt claim to court.
In legal proceedings begun Friday in a Rome administrative court, Citigroup said that the Italian government, which has approval power over Parmalat's restructuring plan, had not ensured that the debt claims of Citigroup and other financial institutions were fairly evaluated.
Enrico Bondi, Parmalat's government-appointed administrator, has rejected almost all the debt claims of Citigroup and of Bank of America, the other United States bank that worked for Parmalat in the years up to the company's collapse in December.
Citigroup Sues Italy Over Parmalat Citigroup sued the Italian government, which must approve the restructuring plan of Parmalat, contending that the government has not ensured that the debt claims of Citigroup and other institutions are fairly evaluated.