The Department issued a notice on August 8, 2002, providing guidance for airlines and the traveling public regarding the obligation of airlines under section 145 of the Aviation and Transportation Security Act («Act») to transport passengers of airlines that have
ceased operations due to insolvency or bankruptcy.
A lot of small publishers chose to
cease their operations due to the arrival of new investors rendering several small publishers irrelevant and being unable to maintain market liquidity.
Going forward, when firms that would have been destined for the ARP are forced to
cease operations due to lack of access to coverage, each defunct firm's last insurer will be required to provide tail coverage for six years.
If your favorite airline is on our Covered Supplier list and
ceases operations due to financial hardship or bankruptcy, flight insurance can save you from paying for a trip you may not get to take.
When a travel supplier, such as a cruise line or tour operator, completely
ceases all operations due to financial default or bankruptcy, it can leave travelers stranded.
A few weeks before their schedule departure, however, they received notice that the cruise line had
ceased all operations due to financial problems.
Similarly, it also includes financial default coverage, which will reimburse trip cost due to a travel supplier
ceasing operations due to financial circumstances.
During August of last year, Turkey's sole bitcoin exchange, BTCturk, announced that it would
cease operations due to its inability to find a banking partner — suggesting that despite bitcoin's legal status within Turkey, domestic financial institutions are hesitant to partner with cryptocurrency businesses.
ZB began work on November, 1, the next day after other Chinese cryptocurrency exchanges
ceased their operations due to the recent regulation tightening in China.
Not exact matches
Earlier this week, several bitcoin exchanges announced they were
ceasing operations in New York
due to the new BitLicense requirements.
FMCSA has also declared one of Highway Star's drivers, Ibrahim Fetic, an imminent hazard and ordered him to immediately
cease all commercial motor vehicle (CMV)
operations due to his failure to comply with federal hours - of - service (HOS) regulations.
Those elements of EU law which Parliament has made part of domestic law by enactment of the 1972 Act will, as a result of the
operation of Article 50, in
due course
cease to have effect.
However, at least one over-the-counter trading service has
ceased operations, reportedly
due to increasing scrutiny from lawmakers.
Earlier this week, several bitcoin exchanges announced they were
ceasing operations in New York
due to the new BitLicense requirements.