Sentences with phrase «filing for bankruptcy as»

There are costs associated with filing for bankruptcy as well as a number of procedural hurdles.

It is important to break the cycle of behavior which leads to excessive debt with many consumers filing for bankruptcy as a direct result.

April 5 - U.S. fashion footwear company Nine West Holdings Inc intends to file for bankruptcy as soon as this week with a plan to sell the intellectual property of its flagship brand to Authentic Brands Group LLC, people familiar with the matter said on Thursday.

Remington, one of the nation's oldest gunmakers and a defendant in the lawsuit, recently filed for bankruptcy as its sales have declined and debts have mounted.

BCBG Max Azria is making preparations to file for bankruptcy as soon as next week, people familiar with the matter said...

In fact, it had to file for bankruptcy as it had landed in a financial mess, which the company attributed to... [Read more...]

If they do not work with me then I will file for bankruptcy as I can not afford the new rates of 24 % to 31 % that I now have.

Reducing debt and making steady payments is great and is showing up on your credit reports, but some lenders will still perceive the fact that you filed for bankruptcy as a warning sign.

It may be time to think about the decision to file for bankruptcy as a way to potentially get out of debt.

Unfortunately, many Somerville residents are forced to file for bankruptcy as a result of a lawsuit related to a mere personal accident.

The chain, which has about 1,000 stores, is preparing to file for bankruptcy as soon as this month, according to people familiar with the situation.

Not exact matches

Trump Hotels and its successor, Trump Entertainment, filed for bankruptcy in late 2004, then again in early 2009, when Trump finally departed as chairman.

These days they often include argumentum ad hominem attacks, such as sly references to the agencies» sterling ratings on Lehman Brothers the day before it filed for bankruptcy, that distract from relevant discussion about the country's creditworthiness.

Boire, who previously worked at Best Buy and Brookstone (which filed for bankruptcy last year), parlayed his successful tenure of sales declines at Sears into a job as CEO of struggling bookseller Barnes & Noble, where, somehow, we think he'll feel right at home.

Retailers are filing for bankruptcy at record - high rates as Americans» changing shopping habits, along with years of overly aggressive store growth, continue to shake up the industry.

Gawker Media founder and CEO Nick Denton will file for personal bankruptcy protection as early as Monday after losing a fight in a Florida court for a shield against a judgment in a breach of privacy case involving professional wrestler Hulk Hogan, according to a person familiar with the matter.

As Theranos continues to spiral downward, its investors are now claiming the company threatened to file for bankruptcy protection if they don't give up their rights to sue the startup over its faulty blood - testing business, Bloomberg reported.

That helped make chip - maker Nvidia one of the best performers since Lehman filed for bankruptcy, and crowning streaming service Netflix as king.

Charter Communications (CHTR), one of the largest U.S. cable companies, will file for bankruptcy protection by April 1, as part of a resturcuting to cut its debt by $ 8 billion, the WSJ reports.

Kodak never relived its truest glory days as a photography giant, but after filing for bankruptcy in 2012 (in the wake of the digital photography revolution), it saw a decent recovery.

As a result, the actress filed for bankruptcy in 1992.

It's also worth noting that in the same year «The Apprentice» premiered, Trump's infamously ailing casino empire filed for bankruptcy protection as a result of being more than $ 1 billion in debt.

Electronics retailer RadioShack Corp filed for U.S. bankruptcy protection on Thursday and said it had a deal in place to sell as many as 2,400 stores to an affiliate of hedge fund Standard General, its lender and largest shareholder.

Over 2017 through mid-December, even as total bankruptcies fell 37 %, eight big retailers, including Toys «R» Us, filed for Chapter 11, according to BankruptcyData.

NEW YORK, April 1 - FirstEnergy Corp said late on Saturday its nuclear and coal power plant units filed for bankruptcy court protection as the company looks to restructure, sell assets and win government support to cope with competitors using lower - cost natural gas.

Remington Outdoor Co., one of the largest firearms makers in the United States, said on Monday it planned to file for a Chapter 11 bankruptcy deal as part of a plan to lower its debt and turn around its slumping business.

You can't really judge Detroit, which filed for Chapter 9 bankruptcy protection on Thursday, as a business.

In February, it acquired part of infrastructure services company Carillion Canada, which filed for bankruptcy protection in January, and in November, it increased its stake in Torstar media company, which holds an investment in The Canadian Press as part of a joint agreement with a subsidiary of the Globe and Mail and the parent company of Montreal's La Presse.

After struggling for years as electronics shoppers shifted online, RadioShack filed for bankruptcy on Thursday, marking an ignominious end for the 94 - year - old retailer that had sold the first mass - market computer.

NEW DELHI / MUMBAI, Feb 27 - A company owned by Nirav Modi, the billionaire jeweler at the heart of a $ 2 billion fraud case in India, has filed for bankruptcy in a New York court, as investigators stepped up their investigation into a case that has stunned the country.

The ailing tech retailer is reportedly aiming to file for bankruptcy protection as early as today.

In the original offer from Ziff Davis that Gawker announced when it filed for bankruptcy, it looked as though a window had been left open that might have allowed Denton take over ownership of the main site, but that window appears to have closed.

Just four months ago and before the holiday shopping season, Toys R Us filed for bankruptcy protection as its sales were waning and debt was piling up.

Update, Feb. 5, 2015: RadioShack has filed for Chapter 11 bankruptcy protection and reportedly reached an agreement to sell as many as 2,400 of its 4,000 locations to the hedge fund Standard General.

He lost the Plaza, the yacht, and the airline, and the casinos filed for bankruptcy — but he himself didn't, as he reminds his crowds on the campaign trail.

The outlook for the State is grim as their constitution prohibits a number of already attempted fixes to some of their largest issues, i.e. pensions, in addition to the fact that the State is prohibited from filing for bankruptcy.

(Reuters)- Electronics retailer RadioShack Corp RSHC.PK filed for U.S. bankruptcy protection on Thursday and said it had a deal in place to sell as many as 2,400 stores to an affiliate of hedge fund Standard General, its lender and largest shareholder.

The chain filed for Chapter 11 bankruptcy protection last fall, saddled with $ 5 billion in debt that hurt its attempts to compete as shoppers moved to Amazon and huge chains like Walmart.

Gun maker Remington Outdoor Co. is planning to file for bankruptcy protection as early as next week as it built capacity when gun sales were soaring but sales dropped after Mr. Trump took office.

The bankruptcy filing comes as Spotify prepares for its much anticipated $ 1 billion listing on the New York Stock Exchange.

What these dry government numbers leave out is the effect on coal workers and their families as coal mines close and one major coal company after another files for bankruptcy.

Having said that, the mall is in a serious predicament, as Sears continues to be that dead anchor store walking, but now there's the possibility of another anchor store going under, as my local Bergners department store is part of Bon Ton stores which filed for bankruptcy and is facing possible liquidation.

Deciding to spend money on a convention centre that depends so heavily on the revival of the automotive industry was obviously a tough call, given that two of the US car companies that used to be known as the Big Three filed for - then emerged from - bankruptcy last year.

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.

As counsel for the buyer, the length of time that a bankruptcy would have required was not necessarily something my client had an appetite for, and I'm not sure that this seller had the resources to go through a bankruptcy filing.

Also, your interest rate may be lower than your loans (depending on whether your loan is public or private), and you can file bankruptcy on a HELOC should you get in financial trouble which isn't as easy for a student loan.

As of June, more than 300 U.S. retailers had filed for bankruptcy in 2017, up 31 % year - over-year.

Investors would remember Mt Gox as the world's largest bitcoin exchange until 2014, when it filed for bankruptcy protection following a $ 500 million heist.

But as a protectorate, and not a state, Puerto Rico can not file for bankruptcy and be eligible for a federal stimulus package, according to the Times.

A dark day for rough approximations of food, as Hostess has filed a motion in bankruptcy court, asking to liquidate its assets and go quietly into that great night.