APPORTIONMENT AND SUCCESSION OF EXTERNAL DEBTS: THE CASE OF THE SFR YUGOSLAVIA by Mojmir Mrak* I. Introduction With the break-up of the Socialist Federative Republic of Yugoslavia (SFRY) in the early 1990s‚ both the newly established states on its territory and the international community in general were once again forced to confront the many problems of state succession. There is no customary international law that can be applied to different types of succession and‚ moreover‚ attempts
Premium Debt Socialist Federal Republic of Yugoslavia Bosnia and Herzegovina
Some people argue that artists sometimes inherit similar but different qualities which may set them apart or bring them to be very alike. Through a careful analysis of Cam Heather’s article‚ “Sylvia Plath’s Debt to Anne Sexton‚” one can argue for her claim on the striking comparison between Plath and Sexton. She set Plath an example by tackling private and deeply personal material in an outspoken and colloquial fashion in the first person. Plath later acknowledged
Premium Sylvia Plath Writing
trivial debt stock of $1billion in 1971‚ Nigeria had towards the end of 2005 incurred close to $40 billion debt with over $30 billion of the amount owed the Paris Club alone. Although Nigeria’s debt was more than the total of those of the 18 other poor countries (14 of them African countries) classified as Heavily Indebted Poor Countries (HIPCs)‚ it had been a herculean task convincing the creditors that debt cancellation was the most desirable option. Prior to Nigeria’s $18 billion debt cancellation
Premium Debt Economics Nigeria
The Debt/Equity ratio is another important indicator of Dunkin Donuts’ financial standing. In equation form‚ the Debt/Equity = Total Liabilities/(Total Assets – Total Liabilities). Debt/equity ratio is able to indicate all of its debt obligations of the next year with its current resources. In general‚ a high debt-to-equity ratio indicates that a company may not be able to generate enough cash to satisfy its debt obligations. However‚ a low debt-to-equity ratio may also indicate that a company is
Premium Finance Debt Investment
DEBT vs. EQUITY AND ASYMMETRIC INFORMATION: A REVIEW Linda Schmid Klein‚ University of Connecticut Thomas J. O’Brien*‚ University of Connecticut Stephen R. Peters‚ University of Cincinnati March 2002; Forthcoming‚ The Financial Review *Corresponding author: Department of Finance‚ University of Connecticut‚ 2100 Hillside Rd.‚ Storrs‚ CT 06269-1041; Phone: (860) 486-3041; Fax: (860) 486-0634; E-mail: thomas.obrien@uconn.edu Acknowledgements: The authors thank Ivan Brick‚ Shanta Hegde
Premium Stock Stock market Corporate finance
According to Abraham Lincoln from a speech given on national debt‚ he says‚ “The nation’s public debt is a symptom of the long and continuous operation of the second and third causes of the dissolution of a great democracy. It is like the fever that drenches a beloved child’s body in sweat and makes him delirious three hours before dawn. It is necessary to deal with the fever‚ and to bring it down to a safer level‚ so that the child can live till dawn‚ when the fever is likely to break. But those
Premium Economics Money Macroeconomics
European debt crisis and ways European Union and other countries try to fix it. I The outlook of the European debt crisis. A PIIGS countries (Portugal‚ Italy‚ Ireland‚ Greece‚ Spain). 1 They have the highest and least sustainable debt in the EU. 2 EU members with stronger economies need to provide help to them. a) Countries like Germany and France offer bailout funds to PIIGS countries. b) It’s a form of a “payback” for how they benefitted from switching their currencies to €. II European
Premium European Union Portugal Slovakia
In Robin Wilson’s article A Lifetime of Student Debt? Not Likely‚ Wilson compares on how even though student loans can get out of control; they do not have to affect the rest of a person’s life. Wilson begins with stating a possible “…national crisis: Student loan borrowing that is threatening the financial future of today’s college students” (256). In other words‚ Wilson’s statement issues that student loans are beginning to get out of control. On the other hand‚ many other people borrow an acceptable
Premium Debt University Education
There are two defenses to debt law cases you should give some thought to if you are being sued: statutes of limitations‚ and what is called "laches." Both rely on the passage of time‚ and both of them have a rather vague status in the law. This article discusses what they are and how to use them. Statutes of Limitations The statute of limitations (in civil law) is the amount of time allowed before the plaintiff must bring suit. That is‚ if a certain amount of time passes after the claim is "ripe"
Premium Debt Law Contract
FIN 5204 MANAGING CORPORATE CAPITAL INVESTMENT AND CAPITAL STRUCTURE FALL 2007 DEBT POLICY AT UST INC. 1. WHAT ARE THE PRIMARY BUSINESS RISKS ASSOCIATED WITH UST INC.? WHAT ARE THE ATTRIBUTES OF UST INC.? EVALUATE FROM THE VIEWPOINT OF THE BONDHOLDER. Over the years‚ UST has been a dominant producer in the tobacco industry‚ specifically the moist tobacco industry. Even though the past strategy with UST has entailed raising the prices of its products on a regular basis‚ the company still shows
Premium Dividend yield Revenue Finance