Representatives of the bondholders and trade creditors were also not surprised by the changes.

The firm promised to invest $500,000 in the project and make full payment to the trade creditors.

A positive relationship with your trade creditors is essential.

For example, trade creditors are more likely to be flexible about extending terms of credit if you have built up a good payment record.

The second is composed of Texaco's general trade creditors, banks, insurance companies and one union.

Cumberland's 70 other real estate lenders and trade creditors had supported the plan, the company said.

The supplier ledger cards shows the breakdown of how the trade creditors control a/c is made up.

The trade creditors and the A shareholders had their claims settled by an agreement.

Within months, trade creditors of the studio had gone to court complaining that they were not getting paid.

"We will continue to pay trade creditors and to meet our other financial obligations on a current basis," he said.