BNEC - What does BNEC stand for? The Free Dictionary
References in periodicals archive
Specifically, BNEC alleged that the firm was negligent in not reporting BNEC's insolvency and that of its subsidiaries.
The trustee-plainfiff responded that the firm's alleged failure to inform BNEC of BNEC's precarious financial condition, as well as that of the subsidiaries, gave rise to a direct claim against the firm.
Ben Branch, chapter 7 trustee for the bankruptcy estate of Bank of New England Corporation ("BNEC
"), announced today that as a result of a bankruptcy court approved mediation session held on Tuesday, November 22, 2005, an agreement in principle (the "Agreement") was reached between representatives of the holders of each of the senior debt securities and the junior debt securities of BNEC