Sentences with phrase «bankruptcy of the fund company»

Thus, the money is protected even in the event of bankruptcy of the fund company, the fund is almost run as a separate company.

Not exact matches

My dad worked for 35 years at Stelco in Hamilton, before watching a once great company dragged into bankruptcy, in large part because of a pension plan it could no longer fund.

Tesla's sudden change in fortune stands in marked contrast to Fisker Automotive, a competing alternative car company now on the verge of bankruptcy and at the center of controversy over $ 192 million in federal funding that it's unlikely to pay back.

Alternatively, add a clawback provision to the bankruptcy code requiring the takeover artists to return all the funds they extracted from the takeover target if that company files bankruptcy within, say, 10 years of the leveraged buy - out.

The private equity angle — a familiar name in the recent flurries of LBOs that collapsed into bankruptcies, including iHeartMedia, Toys «R» Us, Gymboree: Bain Capital acquired Guitar Center in an LBO during the boom in 2007, whereby the acquired company took on a large amount of debt to fund its own acquisition, and then took on more debt to expand further.

UPDATED 1:13 PM: EXCLUSIVE: Aspects of Relativity's first bankruptcy are still before the courts, but as expected the company today filed for Chapter 11 with a promise that «funds will be available for distribution» to its approximately 200 unsecured creditors.

Further, in the event of a bankruptcy of a Company, EF Advisor will act in the interests of the venture fund or venture partnership only and without regard to any Members that may have invested in the Company through the Site in another Offering.

Digital First, a Denver company that owns dozens of newspapers including nine serving the greater Los Angeles area, had been thought to be interested in acquiring Freedom's assets since December when it was revealed in court that the company had offered a loan to help fund Freedom's operations during bankruptcy.

Baupost has analysts focused around the type of opportunity; Baupost has a spinoff analyst, index fund deletion analyst, post bankruptcy analyst, distressed debt analyst and an analyst looking at companies that are depressed because of a bad earnings announcement).

On the other hand, according to the Measures for the Administration of Securities Investor Protection Fund 《 證券投資者保護基金管理辦法 》, the functions of China Securities Investor Protection Fund (CSIPF, 中國投資者保護基金) include «indemnifying creditors as required by China's relevant policies in case a securities company is subjected to compulsory regulatory measures including dissolution, closure, bankruptcy and administrative takeover by China Securities Regulatory Commission (CSRC) and custodian operation» or «other functions approved by the State Council».

The effect often leaves a bankrupt shell of a company, or at least enables corporate raiders to threaten employees with bankruptcy that would wipe out their pension funds or employee stock ownership plans if they do not agree to replace defined benefit pensions with riskier contribution schemes.

CryptosRUs recently reported on how the massive market correction experienced over the past 2 to 3 months has been directly correlated with an enormous sell - off of BTC held by Mt. Gox bankruptcy trustee Nobuaki Kobayashi, which he claimed was needed in order to raise funds to pay off company debts.

The dynamics of this stage of the conversations could be promising: Carper is acting as a go - between to centrists such as Sens. Snowe, Landrieu, Nelson and Lieberman, while Schumer is in constant contact with liberals like Sen. Sherrod BrownSherrod Campbell BrownHillicon Valley: Facebook, Google struggle to block terrorist content Cambridge Analytica declares bankruptcy in US Company exposed phone location data Apple starts paying back taxes to Ireland Overnight Health Care — Sponsored by PCMA — Trump hits federally funded clinics with new abortion restrictions Senate Dems call for probe into why Trump has not issued Russia sanctions MORE (D - Ohio).

«I'm very concerned about the strength and aggressiveness of you two pushing back,» said Sen. Sherrod BrownSherrod Campbell BrownHillicon Valley: Facebook, Google struggle to block terrorist content Cambridge Analytica declares bankruptcy in US Company exposed phone location data Apple starts paying back taxes to Ireland Overnight Health Care — Sponsored by PCMA — Trump hits federally funded clinics with new abortion restrictions Senate Dems call for probe into why Trump has not issued Russia sanctions MORE (Ohio), the panel's ranking Democrat.

May 8, 2018 • The bankruptcy judge approved a $ 310 million deal that doesn't promise a fund to compensate alleged sexual abuse victims of company co-founder Harvey Weinstein.

Some of the common things consumers do before they consider bankruptcy include: • Cash out their retirement funds to pay debt • Pay a debt settlement company to settle their debts • Settle their debt by dealing directly with the creditor or its attorney In some cases, these bankruptcy alternatives can be just what the doctor ordered, however in others they can put you in deeper trouble without meaningful debt relief.

If you own a fund of 500 companies and a few of them have lawsuits, crises, or bankruptcies, the net impact on your overall fund value is relatively small.

And many more who don't have health insurance — or their insurance company refuses to pay — avoid bankruptcy only by consuming the family retirement fund in a good faith effort to repay medical debt, dooming themselves to poverty for the remainder of their lives, only because they got ill or injured.

Try to pay off your highest - interest business credit card debt first with company funds to reduce your chances of personal bankruptcy and creditors pursuing your personal assets.

In less than a year of existence, one U.S. - focused company, BlueGoGo, and a number of China - based companies have filed for bankruptcy, merged with other companies, or ceased operations.4 The extreme degree of venture capital funding, coupled with generally low ridership, brings questions as to the overall sustainability and volatility of the dockless bike share market.

The recipients of funding from Peabody Energy were made public in the company's recent bankruptcy filings.

She continued her studies for one year to acquire a Master of Laws degree in 2007 from Northwestern University in Chicago, Illinois where she specialized in complex U. S. business law courses such as bankruptcy law, corporate restructuring law, company law, mutual fund and securities regulations.

The amount of compensation you might receive through a bankruptcy trust fund is usually less than what you might have recovered had the company not filed for bankruptcy, yet it might be your only option for compensation.

Many of our hedge fund clients also call upon our bankruptcy and restructuring expertise in connection with their investments in distressed companies, particularly where litigation plays an important role in protecting or increasing the value of their debt or equity investment.

Following an investigation by the Alberta Securities Commission, a bank account is frozen and a receiver appointed over the assets of «Base Finance Ltd.» The court appointed receiver reports the bulk of investor funds (over $ 80,000,000) are invested in a U.S. company which filed for bankruptcy protection.

(Thiel secretly funded a lawsuit that led to the bankruptcy of Gizmodo's former parent company, Gawker Media.)

But, to claim the rest of the funds, the company stated that investors will have to wait until the final settlement of bankruptcy proceedings.

Unfortunately, for Youbit investors, it may take several months to years to receive the remaining 25 percent of their personal funds, as the settlement of bankruptcy proceedings will have to be finalized before the company can credit its customers.

National Commercial Auctioneers is a national commercial property auction company dedicated to the sale of commercial property for commercial lenders, bankruptcy trustees, private equity funds, and public and private companies throughout the United States.

And bankruptcy could make it easier for one of the stronger REIT players to acquire the troubled company wholesale — that is, if the other REITs could come up with enough cash to fund an acquisition.