Sentences with phrase «firm went bankrupt»

Essentially, the bookkeeper and de facto office manager loaned large sums of money to the firm; when the firm went bankrupt and she became merely an unsecured creditor, she sued for negligence, breach of contract and breach of fiduciary duty.

First there's Shu Kim, in - house counsel at Lehman Brothers before the firm went bankrupt at the end of 2008.

A Florida personal injury firm went bankrupt at the beginning of September and listed $ 2.5 million in assets owed to 12 creditors — $ 1.5 million of which was for advertising in various phone directories.

Will's firm went bankrupt in late 2008, and while he found another sales position five months later, it was at considerably less pay.

Unfortunately, ATS never gained traction, with only a handful of cars produced, and the firm went bankrupt.

Many smaller «E&P» firms went bankrupt during the recent slump, but survivors with stronger balance sheets, including Hess and EOG Resources, now look good to investors.

Another advantage is the stories will be hard to wipe off the Internet, as often happens when a media firm goes bankrupt, because the article are hosted on an immutable blockchain.

By the time the damage is discovered, it is too late to do anything about it and firms go bankrupt in droves.

While some firms offered mortgage insurance in the early 1900s, those firms went bankrupt during the Great Depression in the 1930s.

They'll want to know where their investment stands in the event that your firm goes bankrupt.

When a firm goes bankrupt, it pays money back to investors in a particular order as it liquidates.

If an SIPC - member brokerage firm goes bankrupt — or is otherwise financially troubled — you, as a client of said institution, are protected up to $ 500,000 for the value of your securities (including $ 250,000 for cash).

The price to tangible book value ratio to some degree overcomes this issue and more closely represents what common shareholders can expect to receive if the firm goes bankrupt and all of its assets are liquidated at their book values.

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

This coverage is designed to protect investors in the event a brokerage firm goes bankrupt and assets are missing.

«If a firm goes bankrupt, that pension disappears.»

July 1993 — Former Le Permanent sales representatives demonstrate in front of a creditor's complex after the firm goes bankrupt.

Not exact matches

In the early days, Mr Yasuda collected disposed - of goods and samples from other companies, quickly becoming the first to gather information on soon - to - go - bankrupt firms to get hold of their inventory.

Those firms that are unable to pay for their debt go bankrupt.

If Vanguard ever did go bankrupt, the funds would not be affected and would simply hire another firm to provide these services.

Edward I. Altman published the Z - score in 1968 to to predict the probability that a firm will go into bankrupt.

Even if one of these companies went bankrupt each year (something I find highly, highly unlikely), the earnings per share growth from the other firms should, in aggregate, still allow you to become richer than you were at the beginning of the previous year.

Memories of nearly going bankrupt scared the $ 840 bln firm into keeping an absurdly conservative balance sheet for two decades.

If the company offering the ETN goes bankrupt, holders of the ETN become creditors of the firm.

As a result, some foreign steel and aluminum firms will go bankrupt; others will be forced to lay off workers.

However, it is extremely bureaucratic to have access to the securities when a brokerage firm «goes bankrupt».

The world did not end; every firm did not go bankrupt.

For example, keeping gold in a personal stash at home vs your employer going bankrupt if you are working for a large firm.

Introduced by the famous NYU professor, Edward Altman, the Z score sets the bar for projecting whether a firm will go bankrupt.

If Vanguard ever did go bankrupt, the funds would not be affected and would simply hire another firm to provide these services.

Nor the giant firms that went bankrupt: AIG, Lehman Bros, et al..

It was founded in 2002 by Mr Jones after he left Dma Designs (the firm behind the first Grand Theft Auto that went on to become Rockstar North) and recruited many staff from Rage Software after it went bankrupt in 2003.

Thirdly, there's less money going into the stock markets and bank loans are harder to get, which means that many small firms and startups working on the breakthrough green technologies of tomorrow can have trouble getting funds or can even go bankrupt, especially if their clients or backers decide to make cuts.

Des Moines, IA (Law Firm Newswire) May 9, 2013 — The biggest concern for those who go bankrupt is how it will affect their credit rating.

As reported in the written decision of the Law Society Hearing Panel (which decision is under appeal by the applicant), the applicant threatened to sue the other board members for defamation after he was removed as President of the condo corporation and a notice of his removal was posted; circulated a letter (under a false name) on some floors within the building that falsely stated that some of the board members had previously gone bankrupt, had criminal convictions and were accepting bribes and free meals from the developer of the condominium to settle deficiencies with the developer; made a derogatory remark about some of the residents based on their ethnicity; threatened to report some of the directors to US / Canada border officials, falsely alleging that they were drug smugglers; threatened both the corporation's property manager and security services firm that their contracts with the condo corporation would be in jeopardy if they did not provide a character letter to the applicant.

Hundreds of firms have gone bankrupt this year.