Word: detrimental
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Dates: during 2000-2009
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...trustee, is to recover property, assess claims and liquidate any other assets of a bankrupt firm for the benefit of the estate and its creditors. Consequently, Picard is using his authority to collect from customers who received preferences, non-existent principal, and/or payouts of fictitious profits to the detriment of other defrauded customers whose money was consumed by Madoff's global Ponzi scheme...
...line between “supporters” and “opponents” of ROTC over the issue of official recognition, the HRC poll conflates the large number of ROTC supporters concerned about discrimination on campus with a small minority of staunch military opponents, much to the detriment of an open and productive dialogue...
...added that it might be a detriment for FAS if older professors stay on for too long, preventing young junior professors from being hired...
...These are only a few of the issues to be fixed with credit default swaps. Although they are not innately bad instruments and can provide much-needed liquidity, when left unregulated they can be used in ways that cause tremendous detriment to our financial system. It is not surprising that investor Warren Buffet refers to credit derivatives as “financial weapons of mass destruction...
...effect of venue-shopping, contends LoPucki, is that courts wind up more often ruling in favor of companies - to the detriment of creditors and labor unions. "Whoever gets this case must rule for management, or else they'll never get another corporate case," he says. Others aren't convinced the outcome is so nefarious, though the system certainly does give particular judges more than their fair share of influence over bankruptcy case law. "You normally expect various decisions through various courts, which creates the opportunity for the development of the law," says Jeffrey Morris, a law professor at the University...