But there are political risks: One creditor group, the so-called Paris Club of government lenders, would like the Nigerians to restructure debt owed to the so-called London Club of commercial creditors.
Kerzner tried for months prior to the mortgage's Sept. 9 due date to restructure the debt with Brookfield, which held a critical junior piece of the loan.
The Maloofs have also been struggling with their casino business during the economic downturn, and were recently trying to restructure debt on the Palms Casino Resort.
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How exactly, for example, does Sir Mervyn think you could agree to restructure the private debt that is causing so much trouble, in an era of 24-hour news and round-the-clock leaks?
The additional but significant consideration is that if Greece is allowed to restructure its debt, so should the other four similarly economically challenged and debt laden nations, namely, Ireland, Italy, Portugal and Spain.
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The downgrade reflects the increasing possibility that Greece will restructure its debt by forcing current debt holders to accept longer maturities, or do what demonstrators in the streets of Athens are demanding, which is to force its creditors to take a loss on their loans.
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The quickest way to reduce the burden of debt would be to restructure loans via bank-ruptcies, including bankruptcies and home repossessions.
They hope to restructure some of the debt and rationalize the drilling to create a self-sustaining company where operating cash flow is sufficient to run 20-25 rigs full time in the Mississippian where SandRidge has drilling rights on over 2 million acres.
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The debt burden will ease as solvent companies restructure their debt and insolvent ones go bankrupt.
He notes that New York City's lenders agreed to restructure the city's debt to resolve the crisis in the 1970s.
Technology and utilities stocks rallied in Europe, as investors bought up cheap defensives ahead of a week that may hold more news from Greece on its next move to prepare for another aid payment or perhaps pull out of the eurozone currency and begin to restructure its debt.
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Brazil was irked at Mr Menem's public advice, as the real plunged, that it should restructure its debt.
It isn't only Germany's Europe of Rules that is restricting policy choice: Policy makers are also held back by fear of the financial markets and by their past promises, such as that Greece would be the last euro-zone government to restructure its debt.
Ten years later he moved to the parent company as it was trying to restructure its debt.
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Still, gold might not be as strong against the dollar as some may have anticipated, considering the growing expectations that Greece may have to restructure some of its debt, said Mike Zarembski, senior commodities analyst with optionsXpress.
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Since cities can't be liquidated, Stockton has attempted to restructure some debt by renegotiating labor contracts and cutting the health benefit for retirees, but creditors argued that by ignoring bond debt they haven't created a plan that shares the pain equitably, as required under bankruptcy code.
As this version of the crisis gains credibility, the pressure is growing to change tack and to let Greece restructure its debt, with investors taking losses.
Risk of EU default leading to market uncertainty: The EU heads, led by France and Germany, are trying to restructure Greek debt held by banks but uncertainty remains over whether rating agencies will still view this event as a default.
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Worse, the yard faced crippling working-capital shortages, because it never bothered to restructure its debt.
Gary Lewis, a distressed-assets expert who runs a financial website called scrantonisbroke.blogspot.com, wants the city to consider filing for bankruptcy, which would allow it to restructure its crippling debt and change its expensive labour contracts.
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Mr Dzurinda wants to restructure the banks, sell off state-owned firms and carry on cutting public debt.
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Investor confidence remained fragile after the downgrades and in light of Greece's rocky negotiations with international creditors to restructure its debt and stave off default.
It is also offering corporations legal changes and some tax breaks to restructure and overcome the so-called "three excesses" of too much capacity, debt and staff.
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