News tagged with creditors
Chinese firm in iPad row threatens to sue Apple in US
A debt-laden Chinese computer firm embroiled in a copyright row with Apple over the iPad name on Friday threatened to sue the technology giant in the United States for $2 billion.
Feb 17, 2012 |
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German Infineon seeks 500 mln euros in loan guarantees: report
Troubled German semiconductor maker Infineon has asked the government for around 500 million euros (690 million dollars) in loan guarantees, a press report said on Thursday.
May 28, 2009 |
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Apple says Proview iPad trademark demands unfair
(AP) -- In its latest statement on a simmering dispute over the iPad brand name, Apple Inc. said Tuesday that Proview Electronics' insistence that it still owns the mainland China iPad trademarks is misleading and unfair.
Mar 13, 2012 |
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Kodak gets 2013 deadline to reorganize
(AP) -- Eastman Kodak Co. has obtained a bankruptcy judge's approval to borrow an initial $650 million from Citigroup Inc. to keep operations running while it peddles a trove of digital-imaging patents.
Jan 20, 2012 |
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S. Korea's SK Telecom signs deal to buy Hynix
South Korea's top mobile carrier SK Telecom said Monday it signed a deal to buy a controlling stake in Hynix Semiconductor, the world's number two memory chip maker.
Nov 14, 2011 |
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SK Telecom named as preferred bidder for Hynix
South Korea's top mobile carrier SK Telecom has been selected as preferred bidder for a controlling stake in Hynix Semiconductor, the world's number two memory chip maker, creditors said Friday.
Nov 11, 2011 |
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Two S. Korea firms bid for Hynix stake
Two South Korean companies said Friday they had submitted preliminary bids to buy a controlling stake in Hynix Semiconductor, the world's second-largest memory chip maker.
Jul 08, 2011 |
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Hyundai says it will not bid for Hynix stake
South Korea's Hynix Semiconductor Wednesday lost its sole potential buyer after shipmaking giant Hyundai Heavy Industries said it would not bid for a stake in the world's second-largest memory chip maker.
Jul 06, 2011 |
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Study: Small firms need more access to credit during financial troubles
When the economy sours, small firms seeking credit tend to face higher costs of financing, leading them to reinvest their profits before they pay off creditors, according to research published by a University of Illinois ...
Other Sciences / Economics & Business
Oct 05, 2010 |
3 / 5 (2) |
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Creditors of S.Korea's Hynix sell 813 million dollar stake
Creditors of South Korea's Hynix Semiconductor said Tuesday they had raised 923.2 billion won (813.5 million dollars) by selling a 6.67 percent stake in the world's second-largest memory chipmaker.
Mar 16, 2010 |
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St. Louis Post Dispatch owner files for bankruptcy
Lee Enterprises, one of the largest newspaper chains in the United States, filed for bankruptcy on Monday, the latest victim of the crisis gripping the US newspaper industry.
Dec 13, 2011 |
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Thomson says it has reached deal with creditors
Struggling French media technology group Thomson said Friday it had reached a deal with its creditors that would allow for a 45 percent reduction in its debt.
Jul 24, 2009 |
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Creditor
A creditor is a party (e.g. person, organization, company, or government) that has a claim to the services of a second party. It is a person or institution to whom money is owed. The first party, in general, has provided some property or service to the second party under the assumption (usually enforced by contract) that the second party will return an equivalent property or service. The second party is frequently called a debtor or borrower. The first party is the creditor, which is the lender of property, service or money.
The term creditor is frequently used in the financial world, especially in reference to short term loans, long term bonds, and mortgage loans. In law, a person who has a money judgment entered in their favor by a court is called a judgement creditor.
The term creditor derives from the notion of credit. In modern America, credit refers to a rating which indicates the likelihood a borrower will pay back his or her loan. In earlier times, credit also referred to reputation or trustworthiness.
For more information about Creditor, read the full article at
Wikipedia.
This text uses material from Wikipedia and is available under the GNU Free Documentation License.
