Sentences with phrase «of bankrupt companies»

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.

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

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.

Some countries jail the executives of bankrupt companies while the boards of insolvent American operators often award «retention bonuses» to their executives.

I decided to walk the floor instead of bankrupting our company, with a booth starting at a price - gouging level of $ 5k.

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.

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.

Not exact matches

A person close to the company told ET that its bet on Educomp was due to its plans in the e-learning space and its ability and past track record of having turned around bankrupt companies in the US.

Sometimes it's an obvious misstep — bankrupt airbag supplier Takata ranked last in the Harris poll this year after the largest recall in the history of the auto industry (and 22 deaths due to the company's products).

Piëch took the helm of the entire company, Volkswagen Group, in 1993, when it was nearly bankrupt.

In the latest instance of a renegade employee taking embarrassing control of a company's Twitter account, a disgruntled staffer of the soon to be bankrupt U.K. - based global music and video retailer HMV (which doesn't include the separate Canadian HMV) live - tweeted the company's recent layoff proceedings.

Harley - Davidson always had a recognizable brand, but in the mid-1980s, the company was on the verge of going bankrupt.

Some of the effects were measurable — boards with more women are linked to a 53 % higher return on equity, according to one study, and their companies go bankrupt less frequently.

This system has never made me pass up an opportunity — in fact, it's helped me strengthen my cash flow so much that I've been able to contemplate all kinds of growth options, including a recent $ 325,000 bid on a bankrupt company whose assets were worth nearly 10 times that much.»

In an interview with the Times in May, Thiel said that he funded Hogan's lawsuit and others as part of a multi-year campaign to try and bankrupt the company.

Musk made light of the company's financial situation on April 1, joking in a tweet that Tesla had gone bankrupt.

When David Boardman, CEO of Dynamic Brands, based in Richmond, Virginia, acquired Baby Jogger in 2003, the stroller company was bankrupt.

He started with a nearly bankrupt transportation company that belonged to his grandfather and expanded into other lines of work.

CEOC's creditors have accused the parent company of looting choice assets from its operating unit and leaving it bankrupt.

Famed for the infamous Canary Wharf development in London that bankrupted their flagship company Olympia & York, the Reichmanns still have plenty of other real estate holdings around the world, and many went up in value in 2012.

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.

April 17 - Bon - Ton Stores Inc, a bankrupt department store chain, will begin a going - out - of - business sale at its 200 U.S. locations in the coming days after two liquidators won an auction for the company, two sources close to the situation told Reuters on Tuesday.

The bankrupt company told employees on Wednesday that it would most likely shutter all of its 700 or so remaining U.S. stores.

New management cancels a position, a company goes bankrupt or you have an epiphany on the bus home one night, and all of a sudden, you know it's time for you to switch careers.

Plenty of entrepreneurs ordered vanity plates for their company's namesake, but Elahian was different: Momenta had gone bankrupt in 1992.

«If the company went bankrupt, they were afraid I wouldn't have any financial assets of my own for them to go after.»

A proven model — proven, that is, by billionaire Peter Thiel — for bankrupting news companies and driving them out of business by using the court system and jury trials, which can leverage public disgust for The Media (see no. 6 above) into jury awards that defendants can not possibly pay.

A company could perform poorly or go bankrupt, causing its stock price to fall, or a larger economic issue, such as the housing crisis, could cause massive increases or decreases in the value of many stocks.

In other words, if the company is faltering or on the verge of going bankrupt, the venture debt investors have a better chance of getting their money out before the investment turns to zero.

NET product (a Microsoft employee came back from a follow - up meeting with Allen and said «He reminds me of a lot of CEOs of companies that we've worked with... that have gone bankrupt.»)

I think that charging a small business that much is borderline criminal, and most of the companies will go bankrupt before they'll see a return on that investment.

CEO Jack Griffin's 18 - month redo, post - Tribune split from its mothership, Tribune Company, in mid-2014 was only the latest twist since Sam Zell took control of the company in late December, 2007, performing a clean sweep of top Tribune management, installing his own people and then entering the famed five - year bankruptcy from hell (David Carr's 2010 nail - in - the - coffin column: «At Flagging Tribune, Tales of a Bankrupt Culture&rCompany, in mid-2014 was only the latest twist since Sam Zell took control of the company in late December, 2007, performing a clean sweep of top Tribune management, installing his own people and then entering the famed five - year bankruptcy from hell (David Carr's 2010 nail - in - the - coffin column: «At Flagging Tribune, Tales of a Bankrupt Culture&rcompany in late December, 2007, performing a clean sweep of top Tribune management, installing his own people and then entering the famed five - year bankruptcy from hell (David Carr's 2010 nail - in - the - coffin column: «At Flagging Tribune, Tales of a Bankrupt Culture»).

Hansen represented a group of investors in Trump's casino company, which was going bankrupt (potentially costing the investors $ 1.25 billion in defaulted debt).

Despite warnings from staff and ignoring input from lawyers, Puerto Rico's bankrupt utility signed a massive $ 300 million contract on October 17 with a tiny, inexperienced Montana company to rebuild its damaged electric grid in the aftermath of the Hurricane Maria disaster.

Huge national banks shuttered, bankrupt, corporations that employed thousands wiped out, TBTF reinsurers bailed out with taxpayer money, amazingly flawed misallocation of resources financing pipedream «Green Energy» companies with no product, and no market even if they did have a product, etc..

April 17 Bon - Ton Stores Inc, a bankrupt department store chain, will begin a going - out - of - business sale at its 200 U.S. locations in the coming days after two liquidators won an auction for the company, two sources close to the situation told Reuters on Tuesday.

Shares in the company were once again sliding on Monday after the company's C.E.O., Elon Musk, joked on April 1 that Tesla had gone bankrupt, an apparent attempt to make light of concerns that the electric car maker is straining under its debt load.

Likewise in Asia today, when capital flight undercut the currencies of Thailand, Indonesia, Korea and neighboring countries, their currencies fell, bankrupting many indebted companies.

Canwest (now bankrupt) is Canada's largest media company and a financial supporter of the BC Liberals, controlling B.C.'s three major newspapers, top watched news station, top Internet portal and many weeklies.

What bankrupted him was $ 35,000 that he owed to 400 - plus people, and I learned through the bankruptcy papers that we all got after he declared that he was also being sued by at least one of his other credit card companies.

It has even recovered the value of a $ 2 billion preferred equity investment into the holding company of bankrupt Brazilian tycoon Eike Batista by claiming assets including a Colombian gold mine and a key port.

Then reality set in, companies went bankrupt, and technology stocks as a group lost about 70 percent of the money people had assumed was theirs for keeps.

Alitalia, Italy's perpetually bankrupt flag carrier (literally: the company is presently under bankruptcy protection... for the third time in under a decade) sold all of their aircraft to raise some quick cash, then leased them back at not exactly favorable conditions.

Even so, the company went bankrupt for the second time in 1990, the same year that it sold the remaining 50 percent of CITGO.

It's the same thing when it came with BP, when it comes to these penalties, you want to get the money, so you don't want to break the company that you're doing it with; it can really cripple it in terms of payments, but you don't want some sort of litigation or anything like that that is going to completely bankrupt the company, full stop, right in that moment, because you want to get paid.

«This decision is misguided and denies the reality that bankrupt foreign companies will be the beneficiaries of an American taxpayer bailout.»

Recall a company such as «theglobe.com» which made the largest gain in history on the day of its IPO only to be bankrupt two years later.

Some companies lose money, go bankrupt and drop out of my fund.