Meanings of avoid insolvency in English

Corporate restructuring expert Christopher Fisher became chairman in April, as the fight to avoid insolvency continued.

CVAs allow retailers to avoid insolvency by offloading unwanted stores and securing lower rents on others.

Both GM and Chrysler have said they need funding as soon as this month to avoid insolvency.

Some bonds now come with a "keepwell agreement", where the issuer promises to avoid insolvency.

Codere is in talks to avoid insolvency.

It must make good a £70m deficit by the end of March to avoid insolvency for a third time.

In September, Reuters reported that Oi was in talks with the two firms to sell assets and avoid insolvency.

The closures, part of a so-called Company Voluntary Arrangement (CVA) restructuring, allow the business to avoid insolvency or administration.

Company voluntary agreements (CVAs) allow retailers to avoid insolvency by offloading unwanted stores and securing lower rents on others.

CVAs allow retailers to avoid insolvency by offloading unwanted stores and securing lower rents on others and reach a compromise with creditors.

Others like Tembec TMB.TO and Ainsworth Lumber Co ANS.TO have recapitalized, converting millions of dollars in debt into equity to avoid insolvency.

This transaction helps it avoid insolvency by freeing up capital, reserves and other resources for its remaining exposure, which is mainly in structured finance.

A German newspaper reported on Tuesday, citing German Finance Minister Wolfgang Schaeuble, that Greece needed substantial fresh aid from the euro zone to avoid insolvency.

The China Insurance Regulatory Commission can also ask insurers who have a solvency ratio of between 100-150 percent to take steps to avoid insolvency.