Sentences with phrase «filing of bankruptcy by»

On March 16, 2008, the Federal Reserve orchestrated the purchase of Bear Stearns by JPMorgan Chase to avert the eminent next - day filing of bankruptcy by Bear Stearns.

Not exact matches

FiberTower, a small company acquired by AT&T (t) in February, spent a decade trying to get off the ground until it filed for bankruptcy in 2012 and had many of its licenses stripped by the FCC.

He did it in his recent Tesla master plan, referring to the low chance of success he knew he had when starting Tesla by citing the fact that Ford is the only U.S. car company to have avoided bankruptcy — knowledge he didn't have when he launched Tesla in 2003, six years before GM and Chrysler filed for Chapter 11 bankruptcy.

As of the end of July, there were nearly 123,000 consumer proposals and personal bankruptcies filed by Canadians this year, a decline of 1.2 per cent from the same period last year.

If your situation is really dire and your business is filing for bankruptcy, you might take advantage of a protection - from - creditors loophole offered by the state in which you own your home.

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.

In August, a North Carolina judge reportedly rebuked OnDeck, calling the company «particularly willful and malicious», for continuing to debit payments from a new bank account set up by Wayco Ham, of Goldsboro, after it had filed for bankruptcy.

May 1 (Reuters)- Gibson Brands Inc, the maker of guitars played by the likes of B.B. King and Elvis Presley, filed for Chapter 11 bankruptcy protection on Tuesday with a plan to reorganize its musical instrument business under the new ownership of its lenders.

By enlisting a host of tactics to delay the foreclosure process, like filing bankruptcy, pushing back short sale dates and hitting lenders with requests for more documentation, consumers are able to further delay the inevitable.

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.

May 1 - Gibson Brands Inc, the maker of guitars played by the likes of B.B. King and Elvis Presley, filed for Chapter 11 bankruptcy protection on Tuesday with a plan to reorganize its musical instrument business under the new ownership of its lenders.

Here is a look at the 10 largest retail bankruptcies in recent years, as ranked by assets at time of the initial court filing.

A statement of claim filed by law firm McGuigan Nelson LLP alleges, in essence, that Platinum CEO Shariff Chandran and his sister Chitra Chandran, a director, colluded with Calgary businessman Riaz Mamdani to drive Platinum properties into bankruptcy.

• Claire's Stores Inc, a Pembroke Pines, Fla. - based retailer of jewelry and accessories, filed for Chapter 11 bankruptcy protection and expects to reduce debt by about $ 1.9 billion, according to Reuters.

The biggest radio broadcaster in the US with nearly 850 radio stations, iHeartMedia, formerly called Clear Channel Communications — which was acquired by private equity firms Bain Capital and Thomas H. Lee Partners in a leveraged buyout at the apex of the LBO boom just before the Financial Crisis — has finally filed for Chapter 11 bankruptcy, after threatening to do so since 2010.

(Reuters)- Gibson Brands Inc, the maker of guitars played by the likes of B.B. King and Elvis Presley, filed for Chapter 11 bankruptcy protection on...

By successfully filing for bankruptcy protection, Gawker Media is protected from handing over any money to Hogan, whose legal efforts against Gawker (among myriad others) are reportedly being financed by Peter Thiel, who wants to sue the company out of existencBy successfully filing for bankruptcy protection, Gawker Media is protected from handing over any money to Hogan, whose legal efforts against Gawker (among myriad others) are reportedly being financed by Peter Thiel, who wants to sue the company out of existencby Peter Thiel, who wants to sue the company out of existence.

In February, 200 - year - old gun maker Remington filed for bankruptcy, beset by reduced sales and ongoing lawsuits linked to the Sandy Hook Elementary School Massacre, during which shooter Adam Lanza used one of the company's weapons.

Burdened by debt after a failed expansion, the owner of the Orange County Register filed for bankruptcy and its chief executive promised to mount a bid to acquire the troubled newspaper company.

According to a statement issued by the law firm representing Jackson, the bankruptcy filing allows the rapper to «continue his involvement with various business interests and continue his work as an entertainer, while he pursues an orderly reorganization of his financial affairs.»

Navillus filed for bankruptcy after a Manhattan Federal Court hit the firm with a $ 76 million judgment in a lawsuit filed by a group of unions.

The liquidators who won the bidding for the bankrupt department store chain will shut down Bon - Ton's 212 remaining department stores, including eight in Western New York, by the end of August, according to documents filed in U.S. Bankruptcy Court on We...

The archdiocese filed for bankruptcy protection last year in the face of lawsuits from people who said they had been abused by its priests.

Rosenstein & Associates provides legal services to its clients in all business related matters, including: business formations; business & corporate litigation; transactional matters (contractual matters); wills, trusts and estate planning; assistance with filing for copyrights and trademarks; real estate transactions; asset protection; assistance with tax audits and litigation, asset protection and if necessary, reorganization of a business including providing for protection by filing of a business Bankruptcy.

In this month alone Saints alltime leading rusher Deuce McAllister filed for bankruptcy protection for the Jackson, Miss., car dealership he owns; Panthers receiver Muhsin Muhammad put his mansion in Charlotte up for sale on eBay a month after news broke that his entertainment company was being sued by Wachovia Bank for over due credit - card payments; and penniless former NFL running back Travis Henry was jailed for nonpayment of child support.

The petition to file bankruptcy was submitted at the U.S. Bankruptcy Court Southern District of New York and was signed on behalf of Cambridge Analytica's board by Rebekah and Jennifer Mercer, daughters of billionaire Robebankruptcy was submitted at the U.S. Bankruptcy Court Southern District of New York and was signed on behalf of Cambridge Analytica's board by Rebekah and Jennifer Mercer, daughters of billionaire RobeBankruptcy Court Southern District of New York and was signed on behalf of Cambridge Analytica's board by Rebekah and Jennifer Mercer, daughters of billionaire Robert Mercer.

According to a recent bankruptcy filing by the Sports Authority, the retailer will close two of its five stores in New York City.

A key caveat to the 40 % discharge figure which is misleading, from the link: «In fact, according to a study published in 2011 by Jason Iuliano, at least 40 percent of borrowers who do include their student loans in their bankruptcy filing end up with some or all of their student debt discharged.

The complaint also alleges Rosa failed to disclose the full extent of her assets in a 2009 personal bankruptcy filing, hiding her ownership of a co-op apartment in Manhattan and income earned by her husband, as well as thousands of dollars in political consulting fees she'd earned in the years prior to the bankruptcy.

The City Hall Plaza press conference, hosted by the Hispanic Federation, called for a laundry list of federal actions, including implementing «a federal investment plan», eliminating Jones Act requirements that goods shipped between Puerto Rico and other places in America be transported on U.S. ships with U.S. crews, changing the U.S. bankruptcy code to allow Puerto Rico and its government related enterprises to file bankruptcy petitions and urging President Obama to «explore a Federal Reserve loan» and «oppose severe austerity.»

The «what about us» chorus started up almost immediately, particularly from officials in Rochester (hometown of former mayor - turned - LG Bb Duffy), who feel they've been particularly screwed by the state of late and were also reeling from the news of Kodak's likely bankruptcy filing.

deCODE's actual results could differ materially from those anticipated in the forward - looking statements as a result of risks and uncertainties, including, without limitation, (1) the impact of the announcement of its bankruptcy filing on deCODE's operations; (2) the ability of deCODE to maintain sufficient debtor - in - possession financing to fund its operations and the expenses of the Chapter 11 proceeding; (3) the ability of deCODE to obtain court approval of its motions in the Chapter 11 proceeding; (4) the outcome and timing of the proposed sale of deCODE's assets, including deCODE's ability to close a transaction with SagaInvestments, LLC or any other purchaser; (5) the uncertainty associated with motions by third parties in the bankruptcy proceeding; (6) deCODE's ability to obtain and maintain normal terms with vendors and service providers and contracts that are critical to its operation; and (7) other risks identified in deCODE's filings with the Securities and Exchange Commission, including, without limitation, the risk factors identified in our most recent Annual Report on Form 10 - K and any updates to those risk factors filed from time to time in our Quarterly Reports on Form 10 - Q or Current Reports on Form 8 - K.

But as the price of Gleevec climbed — from $ 26,000 a year when it was approved in 2001 to $ 146,000 by 2016 — Havel struggled to pay for treatment and basic necessities like groceries, eventually filing for bankruptcy.

Bankruptcies due to medical bills increased by nearly 50 % in a six - year period, from 46 % in 2001 to 62 % in 2007, and most of those who filed for bankruptcy were middle class, well - educated homeowners, according to the report to be published in the August issue of The American Journal of Medicine.

Bankruptcies due to medical bills increased by nearly 50 % in a six - year period, from 46 % in 2001 to 62 % in 2007, and most of those who filed for bankruptcy were middle - class, well - educated homeowners, according to a report that will be published in the August issue of The American Journal of Medicine.

«The schools» failure to receive the January payment may ultimately result in the schools» bankruptcy and closure and the relocation of over 16,000 students in the middle of the school year,» according to the document filed by attorneys for BESE, the state Department of Education, the Louisiana Association of Public Charter Schools and several individual charter schools.

The first bankruptcy in the history of the TIFIA program, the filing was the immediate result of the burden of claims by the contractor that built the SBX Project, particularly the ongoing litigation costs.

NEW YORK (By Phil Wahba)- Borders Group Inc, the second - largest U.S. bookstore chain, filed for bankruptcy protection, after years of sharp sales declines that made it impossible to manage its crushing debt load, and it plans to close nearly one - third of its stores.

For instance, if you have been served by one of your creditors to appear in court over a debt, the bankruptcy filing will stop this lawsuit in its tracks.

The amount of your unpaid debts, by itself, may jeopardize your clearance, even if you don't file bankruptcy.

The stay is automatic, meaning that arises by operation of law upon filing for bankruptcy.

There were 844,495 bankruptcy cases filed in 2015, and 97 % of them (819,760) were filed by individuals.

Here, the FICO scientists, the only people who can actually calculate how much your score might go up or down and who are responsible for the credit score most often used by lenders, created some realistic scoring simulations that predict the number of points lost from a missed payment, a maxed - out card, filing for bankruptcy, or any other ding to your credit report.

Ideally, you'll have very little tax refund left over by the time you've filed bankruptcy, and will avoid the plight of Mr. Ellman, below.

Providing many of the same benefits as filing bankruptcy, including creditor protection and elimination of overwhelming debts, by choosing a consumer proposal, people with severe debt problems gain several advantages over other forms of debt relief the most significant of which is dramatically lower monthly payments and avoiding bankruptcy.

In fact, it is so common that sometimes divorce decrees resolve issues of marital debt by advising or requiring the parties to file bankruptcy.

As of December 1, 2015, an entirely new set of official bankruptcy forms became the standard for use by anyone, individual or business, filing for bankruptcy relief.

Navicore Solutions is approved by the Department of Justice's US Trustee Program to provide the credit counseling and debtor education required for anyone filing for personal bankruptcy.

The ironic thing is that since Simmons was filing a Chapter 13 bankruptcy, he wouldn't have «lost» anything by correctly stating the value of his business.

GreenPath is approved by the U.S. Department of Justice to provide the bankruptcy counseling required to file Chapter 7 or 13.