Sentences with phrase «bankrupted the company when»

The Libby asbestos contamination in Montana sickened thousands and bankrupted the company when it was found that the W.R. Grace plant had been spewing asbestos over the town for decades

Not exact matches

Piëch took the helm of the entire company, Volkswagen Group, in 1993, when it was nearly bankrupt.

What happens to your investment in a company when the company goes bankrupt?

The insurance industry now uses sophisticated catastrophe modeling for risk assessment when it comes to flooding, hurricanes, and other natural disasters, but that wasn't the case until 11 insurance companies went bankrupt after Hurricane Andrew in 1992.

When David Boardman, CEO of Dynamic Brands, based in Richmond, Virginia, acquired Baby Jogger in 2003, the stroller company was bankrupt.

Although this personal policy meant Buffett missed out on Microsoft when it was just starting out, it also meant he avoided countless companies that went bankrupt.

A «liquidation event» is when the company either lists their shares on an exchange, is acquired, or goes bankrupt.

Likewise in Asia today, when capital flight undercut the currencies of Thailand, Indonesia, Korea and neighboring countries, their currencies fell, bankrupting many indebted companies.

It's the same thing when it came with BP, when it comes to these penalties, you want to get the money, so you don't want to break the company that you're doing it with; it can really cripple it in terms of payments, but you don't want some sort of litigation or anything like that that is going to completely bankrupt the company, full stop, right in that moment, because you want to get paid.

HIGH - REWARD STRATEGY Shah's unique system can predict when companies are about to go bankrupt with staggering accuracy — and he can show you how to achieve potential double, triple, or even four - digit gains on those stocks without shorting.

Stockholders, as part owners, get the last priority in terms of payback when the company goes bankrupt.

«When a big bank or car company goes bankrupt, it gets bailed out, but no one seems to be bailing out the ordinary people who are losing their jobs and seeing their savings diminished.»

The idea, Cuomo said, is to recover more money employees were cheated out of when businesses went bankrupt — and went on to create spinoff limited liability companies registered in other states or hid their assets in other ways.

«When we started our company 27 years ago with a bankrupt corn ethanol plant, there was the same question about that industry as there is about cellulosic: Would it ever be viable?»

When P. T. Barnum (Hugh Jackman) loses his business when the company goes bankrupt, he's left to search for another job to keep a roof, albeit a leaking one, over his hWhen P. T. Barnum (Hugh Jackman) loses his business when the company goes bankrupt, he's left to search for another job to keep a roof, albeit a leaking one, over his hwhen the company goes bankrupt, he's left to search for another job to keep a roof, albeit a leaking one, over his head.

JSAT bought the remains of Artega GT when the company went bankrupt and provided the genesis of the Saleen 1.

BMW had nearly gone bankrupt when industrialist Herbert Quandt invested in the company in late 1959 and helped bring the successful Neue Klasse, or New Class, to life.

Stay tuned for our next installment in a few weeks, where we will look at what happens when Digital Only publishing companies go bankrupt and what new sets of challenges authors will face.

I buy comics from Comixology to support the folks in the industry; when they inevitably go bankrupt and disappear, as companies tend to do, I'll just pirate the content I already bought without guilt.

When you invest in bonds and stocks, a risk premium is added based on the chance that company goes bankrupt.

Although this personal policy meant Buffett missed out on Microsoft when it was just starting out, it also meant he avoided countless companies that went bankrupt.

So when a company needs to raise money, investors will demand an interest rate that's a bit higher than what Treasury bonds are offering in order to compensate the investors for the risk that the company goes bankrupt.

Invest $ 40,000 in two - year individual bonds, and you'll have that money back when you need it (as long as the company doesn't go bankrupt).

But at the time I was adviced not to - I was told because the company was bankrupt, its stock was just for speculators, pump and dump schemes, and so on, and it would become worthless when the company merged (it would be delisted and a new one added).

There is the risk that the issuing company will go bankrupt in the meantime, but bondholders are usually ahead of shareholders when it comes receiving cash from the fire sale of a bust company.

The Obama administration cut off federal funds to the Corinthian College chain in 2014 and encouraged defrauded students to apply for loan forgiveness when the company went bankrupt in 2015.

When a company goes bankrupt, its stock will typically stop trading during legal proceedings.

When a company goes bankrupt, it gains the legal right to restructure its debts.

They lost their life savings when that company went bankrupt, had a run of bad luck or the promoter turned out to be a crook.

It's easier to sleep at night when you have a company where there's no way in hell they can go bankrupt, like Contango or Lowe's (NYSE: LOW).

When the industry does go into a downturn the companies with staying power survive and the highly leveraged firms go bankrupt.

Tangible book value is what shareholders of the company can expect to receive if the company were to go bankrupt and takes out items such as goodwill that no one buys when assets are liquidated.

These stockholders also get priority when it comes to receiving those payments and they have a higher repayment priority in the event the company goes bankrupt.

I owe 180000 in private loans and on disibility making 1360 a month I have been bankrupt and still owe money, no job, no credit and even homeless ball over this private loan and loan company does not care when I said my loan was not a qualified student loan under the law they changed my status for a third time and ruined my credit again this was also 3rd time.

When a company goes bankrupt, its stock goes to zero.

Tepper lost 25 percent, but made up for it the following year, when bonds he'd purchased in bankrupt companies went up 150 percent.

But the province lost many of these jobs in the last decade - and - a-half when companies either went bankrupt or left Ontario.

The costs are most obvious when coal companies go bankrupt, but can affect everyone indirectly through higher energy costs, slower economic growth, reduced employment, and lower business profits.

Yukos was subject to substantial tax increases as a result of Russian tax revisions and when the company was unable to pay the incremental taxes, it was declared bankrupt in 2006 and its assets were seized and sold off.

When a company is placed in bankruptcy, all the bankrupt's «property» comes under the administration of the bankruptcy trustee.

The Supreme Court of Canada has agreed to hear the Indalex Limited case, which will determine if underfunded pension plans should be treated as a priority when it comes time to liquidate the assets of a bankrupt company.

A civil servant who works for the Department of Trade and Industry and is appointed by the Court to act as: - i) a liquidator when a company is being wound up; ii) a trustee when an individual is made bankrupt.

When insurance companies go bankrupt or face financial difficulty, it's bad news for policy holders.

Accidents do happen, and when they do, liability expenses can bankrupt a company that is not property insured.

When you add to that the number of insurance companies that have gone bankrupt over the years, leaving policyholders holding the bag, it becomes even more difficult to know that you have found truly exceptional coverage that will be there for the long run.

Many excellent Wichita companies and nationwide providers can get you this important, if overlooked, coverage that pays out when you need it and doesn't bankrupt you in the meantime.

Motor vehicle accidents involving company cars or trucks sometimes happen, and when they do, resultant liability expenses have the potential to bankrupt a company that is not property insured.

The Chinese company that bought bankrupt Fisker, Wanxiang, made a crucial decision when it came to resurrecting the Karma: the basic exterior design would be left pretty much the same.

The company's involvement in development started about a dozen years ago when Brown and Sharkey took over marketing of a new downtown apartment project on behalf of the bank that owned it after the developer went bankrupt.

«I've seen brokers saying that the company the sales associate works for is going bankrupt when it's financially solvent or that it's been bouncing commission checks when it never has.»