Sentences with phrase «of a bankrupt company»

These include new rules around pensions for employees of bankrupt companies, a public retirement program, or a relaxation of funding requirements.
Their specialty is salvaging what's left of bankrupt companies on behalf of their creditors.
I decided to walk the floor instead of bankrupting our company, with a booth starting at a price - gouging level of $ 5k.
Some countries jail the executives of bankrupt companies while the boards of insolvent American operators often award «retention bonuses» to their executives.
Two decades ago, he was one of three young traders who made $ 27 million in 22 days trading the stock of a bankrupt company on the Chicago Stock Exchange, becoming known as one of «the bad boys of arbitrage.»
Still, Trump's escalating outrageousness and long trail of bankrupt companies, bankrupt casinos and bankrupt marriages deterred enough voters to prevent him from winning an outright majority in any of the initial contests.
The researchers were surprised to found that only 20 percent of bankrupt companies in their data set actually shifted responsibility to the Pension Benefit Guaranty Corporation, Jiao said.
Ontario is the only province to insure the pensions of bankrupt companies through its Pension Benefits Guarantee Fund (PBGF), which backstops the first $ 1,000 per month in pension benefits per plan member if a company goes bust
Likewise, in 1988, he and his longtime business partner, Bruce Karsh, created a distressed debt fund at TCW, profiting from the perception that it was «disreputable» to buy the debt of bankrupt companies.
However, the Appellant argued that the collective components of the creditors» claims, such as the assignation of one of the insurance policies to Mr. Dewar at a time when the assignor was bankrupt, and the use of the bankrupt companies» funds to purchase property for Ms. Dorais and life insurance accruing to her benefit, benefit all the creditors and not just the individual named plaintiffs.
Furthermore, if the Respondents do hold property in trust for one or more of the bankrupt companies, the Appellant has a duty to attempt to recover it.
The Orphan Well Association and Alberta Energy Regulator will face off against bankruptcy trustee Grant Thornton in court on Thursday, asking the high court to decide on the sale of a bankrupt company's oil and gas properties, and the costs of remediation for orphan wells.
Such treatment generally takes place during the reorganization of the bankrupt company.
Those seeking to acquire the intellectual property rights of a bankrupt company are often faced with a unique set of legal challenges, as exemplified by Thomson Reuters» recent acquisition of certain intellectual property rights owned by Federated Press.
In litigation by creditors against officers and directors of a «dot com» company, RPC reconstructed the history of a bankrupt company to evaluate the reasonableness of certain management decisions.
The Supreme Court of Canada has agreed to hear the Indalex Limited case, which will determine if underfunded pension plans should be treated as a priority when it comes time to liquidate the assets of a bankrupt company.
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