Sentences with phrase «company from liquidation»

But when business life insurance saves your company from liquidation or is available as bank collateral when an opportunity arises, well, it's apparent that life insurance poor is a phrase for whiners and not prudent business owners.

Not exact matches

Once an administration order is granted you would be protected from any legal actions being taken by creditors and any interest charges would be frozen, so your company would have the opportunity to improve cash flow without facing the threat of bankruptcy or compulsory liquidation.

Last week, a federal judge signed off on Radio Shack's Chapter 11 plan, which distributes proceeds from the company's liquidation to creditors.

So this may well be a case where the company emerges alive from bankruptcy only to file again a few years later, possibly liquidation.

Muni demand from banks and insurance companies should decline somewhat after the large corporate federal income tax rate cut from 35 % to 21 %, but we don't expect widespread liquidation of their portfolios.

Hensarling and other Dodd - Frank critics have called that ability — known as «orderly liquidation authority» — a bailout, even though any taxpayer money used is supposed to be recouped from the sale of the company's assets or an assessment on the financial industry.

Jawbone, the company that produced Bluetooth headsets and wireless speakers before shifting entirely to fitness tracking services, has officially begun its liquidation proceedings, a new report from The Information says.

Current conversation has focused on the liquidation of the company's U.S. assets, however the future for the company's various international branches is far from certain.

In the event that (i) the Board of Directors proposes, recommends, approves or otherwise submits to the shareholders of the Company, for shareholder action, a Deemed Liquidation Event, and (ii) a Holder has not received written notice from the holders of a majority of the shares of Key Holder Common Stock that such holders approve the Deemed Liquidation Event, then such Holder hereby agrees to vote (in person, by proxy or by action by written consent, as applicable) all shares of capital stock of the Company now or hereafter directly or indirectly owned of record or beneficially by such Holder against the Deemed Liquidation Event, to assert statutory dissenters» rights with respect to the Deemed Liquidation Event, and to take such other action in derogation of the Deemed Liquidation Event as shall be requested by the holders of a majority of the shares of Key Holder Common Stock in order to carry out the terms and provision of this Section x.y..

If the company is sold for $ 10M to $ 20M, the holders of Series A would still receive $ 1.00 / share as a rational Series A holder would never convert his / her shares to common as the Series A holder would receive more from the Series A liquidation preference than as a holder of common.

You can understand the reluctance to force liquidation on an NPL from the perspective of a troubled bank; the company goes away and the bank immediately books the loss.

Worse, the merger price was even below the amount that shareholders would have received in the company's planned phased liquidation, which the company was considering under pressure from Elliott Management, an activist hedge fund and holder of approximate 15 % of American Capital stock.

It allows the FDIC to borrow funds from the Treasury to support the liquidation of such firms with the proviso that in the event of any losses, fees will be levied on bank holding companies and other financial institutions to fully reimburse the Treasury.

But having a note means the investor has a kind of liquidation preference - they will receive value, if any, from the liquidating company's assets, before the founders do.

Quart had also received backing from local officials, including Mayor Michael Bloomberg and Rep. Carolyn Maloney, who had rallied behind him almost immediately after Bing was tapped by Gov. Andrew Cuomo to serve as Special Deputy Superintendent of the New York Liquidation Bureau, which managed insolvent insurance companies.

This would appear to constitute a clear mandate from the stockholders of the Company for you to take immediate action to commence an orderly liquidation.

MATH's board seems to agree, rejecting several unsolicited merger proposals from PureChoice, Inc, suspending the company's operations and exploring «strategic alternatives, which could include merger, acquisition, increasing operations in another structure or liquidation.»

It show a comparison of compound average returns from shells and Special Purpose Acquisition Companies (SPACs), which we previously discussed in the post, Blank checks: Fertile fishing grounds for liquidation value investors:

It show a comparison of compound average returns from shells and Special Purpose Acquisition Companies (SPACs), which we previously discussed in the post, Blank checks: Fertile fishing grounds for liquidation -LSB-...]

Even when equity and cash have been completely depleted, management can still make out like bandits; in a chapter 11 filing management most often oversees the liquidation, keep their jobs even after the company emerges from bankruptcy, and sometimes even get to reset all their non-salary remuneration thresholds (options, grants, bonuses, etc.) giving them greater upside.

A chief restructuring officer was brought in from Capstone Advisors and, after a period of reviewing strategic alternatives including acquisitions, a business combination, the sale of the company or liquidation, new management concluded that liquidation was in the best interest of shareholders.

Mostly they take place when either management is itself a significant shareholder, and the benefits of liquidation for management are greater than the continuing stream of cash from remuneration, or when there are significant non-management shareholders who force management to put the company into liquidation.

It makes me think that perhaps the IRR MP projected from holding on to their Gleacher shares when the company moves into liquidation didn't quite make the hurdle rate the company requires.

But investors obviously aren't prepared to give management any benefit of the doubt here, and to date the company's cash pile has been inaccessible (& therefore «worthless» in many respects)-- realistically, a decent return from here is only going to be delivered via a sale or liquidation of the company, with the cash pile returned to deserving shareholders (now the only logical step, with acquisitions killed off & presuming the restructuring ensures profitability).

We've been following ASPN (see our ASPN post archive) because it's trading at a discount to its $ 1.17 per share liquidation value and there are several potential catalysts in the stock, including a 13D filing from Tymothi O. Tombar, a plan to distribute substantially all of the net, after - tax proceeds from the completion of the Venoco sale to its stockholders ($ 5.3 M), and the possibility that the company will dissolve.

Moreover, if the Company's stockholders approve the Plan of Liquidation, the Company intends to file a certificate of dissolution, delist its shares from NASDAQ, sell and monetize its non-cash assets, satisfy or settle its remaining liabilities and obligations, including any contingent liabilities and claims, terminate its remaining employees throughout the wind down period, and make one or more distributions to its stockholders of cash available for distribution.

If the buy back is completed at the current stock price, the company's per share liquidation value will increase by 17 % to $ 6.69, which presents considerable upside from the present price.

The Dutch design company saved 5135 items from liquidation sales and other leftovers and invited 14 designers to create something new with

The Dutch design company saved 5135 items from liquidation sales and other leftovers and invited 14 designers to create something new with these objects.

However this power «enjoys any form of immunity from the rules of the EC Treaty on freedom of establishment, can not, in particular, justify the Member State of incorporation, by requiring the winding - up or liquidation of the company, in preventing that company from converting itself into a company governed by the law of the other Member State, to the extent that it is permitted under that law to do so».

Since selling a company often involves partnership interests, corporation interests, investors and the liquidation of assets, it is highly recommended that you acquire experienced, professional assistance from a lawyer rather than trying to do it on your own.

Represented financiers, who provided venture capital to a marketing company, in successfully moving to convert the marketing company's bankruptcy case from a Chapter 11 reorganization to a Chapter 7 liquidation and in foreclosing on collateral, including the debtor's intellectual property.

Re Madoff Securities International Limited: Claim No. 11527 of 2008 Acted in a dispute concerning the jurisdiction of the English Court to determine the question of the ownership of a yacht that had been acquired with funds emanating from one of the Madoff companies in liquidation.

National legislation, such as that at issue in the main proceedings, pursuant to which compulsory removal from the VAT register of a company whose dissolution has been ordered by a court decision results, even where the dissolved company remains party to contracts in force and states that it has not ceased its activity during the period of its liquidation, in the obligation to calculate the input VAT due or paid on available assets on the date of that dissolution and to pay it to the State.

Life insurance can save a business from liquidation if a partner, the CEO or a key person dies but it is often shoved to the side because companies look for help in all the wrong places.

During the liquidation effort, cash generated from operations and property sales would be used first to make required repayments of debt and other liabilities, and then distributed to common shareholders, the company said.

The job came with a pretty substantial pay bump, a more flexible schedule and it freed up a sizeable chunk of money from my 401k, company stock liquidation and vacation pay out.