Sentences with phrase «of bankrupt companies on»

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.
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.»
Musk made light of the company's financial situation on April 1, joking in a tweet that Tesla had gone bankrupt.
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.
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.
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.
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.
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.
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.
The CEOs of bankrupt AMR Corp. (PINK: AAMRQ) and US Airways (NYSE: LCC) met on Thursday to discuss a potential merger between the two companies.
«This plan will allow me to care for my patients without wasting hours on fighting insurance companies, and it will allow patients to have the peace of mind they will get the care they need without going bankrupt.
The idea, Cuomo said, is to recover more money employees were cheated out of when businesses went bankrupt — and went on to create spinoff limited liability companies registered in other states or hid their assets in other ways.
If they closed, that huge decommissioning liability would have to be shown on the nuclear generator's balance sheet — figures that would soon overtake the net worth of the company, thus making it technically bankrupt.
Funny story: A large shipment of my second book was actually stranded on the ocean for months because the shipping company went bankrupt while my books were in transit!
Many of the companies didn't have assets on hand to weather the storm and went bankrupt, leaving investors out millions.
But the school has gone bankrupt, and the financial case is now handled by the Ferguson Company Ltd. on behalf of the school.
For example in the 2008 - 9 crisis one of the world's largest and highest rated insurance companies, AIG, would have gone bankrupt and likely would have defaulted on their annuity portfolio had the feds not bailed them out.
The economy has taken some pretty rough turns lately, and many individuals have experienced the brunt of high prices on necessities such as groceries and utilities while possibly suffering from layoff or a reduction in the amount of hours that they are allowed to work due to many companies going bankrupt themselves or starting to outsource labor overseas to cut costs.
The one - term senator from Illinois had a lot on his plate from day one: the economy was in a tail spin from the subprime mortgage crisis, some of America's biggest companies were going bankrupt virtually overnight and millions of citizens were losing their jobs.
A debt investor focuses in on companies with solid tangible assets because it provides a better protective foundation for the repayment of the debt's principal in the event a company experiences difficulties or were to go bankrupt.
As a result of Ark restaurants» reliance on tourist locations and an overleveraged balance sheet, the company nearly went bankrupt.
There was also a seemingly promising video game company I knew of that went bankrupt and closed down because the CEO did basically the exact same thing as the above - mentioned person: Destroyed their lives over some harpy they met on an online game.
At the start of production, Sega had just bought out Atlus's bankrupt parent company, Index, which had to have put a strain on production as it went ahead.While never referencing the sale directly, Hashino admits that the discussions he and his team had during this period (mostly on on long, aimless walks throughout the Sangenjaya district of Tokyo) were a direct inspiration for P5's storyline and characters.
And outrage is properly growing over the massive failures of wind, solar and biofuel startups whose executives (mostly Obama and Democrat campaign angels) skimmed millions of tax dollars for themselves but let their companies go bankrupt and their employees go on unemployment and welfare rolls.
This has had a huge impact on the companies engaged in mining it, with over two dozen going bankrupt and many others losing over 80 % of their share value over the past three years, including Peabody Energy Corp, the largest producer in the US.
«Perhaps if they had spent more time and money diversifying their business rather than on lobbying against climate action and sowing the seeds of doubt about the science, they might not have joined the long (and ever growing) list of bankrupt global coal companies
Given that nearly all the major US coal companies are now bankrupt, and that coal - fired electricity is declining rapidly, I'd have expected a lot of «wrecking ball» pieces on the supposed damage to the economy (in reality, the effects are small and mostly offset by the expansion of renewables) now that mitigation policies of various kinds are taking effect.
The company failed and went bankrupt mainly because of a lack of investment and a very low profit margin on sales, certainly not for want of potential customers.
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.
And a bankrupt insurance company would mean that the business end of lawyering could see some issues related to actually being able to get paid on a claim.
1932: The firm works to develop a more efficient mechanism for handling railroad failures and helps produce Section 77 of Chapter VIII of the 1933 Bankruptcy Act, which established the goal of getting the bankrupt company back on its feet with the cooperation of creditors and under the supervision of a trustee.
The Ministry of Labour can not recover wages on behalf of an employee if the company is bankrupt.
Spence received a $ 52,000,000 verdict against McDonald's Corporation, the fast - food chain, on behalf of a small, bankrupt, family - owned ice cream company for McDonald's breach of an oral contract based on a handshake.
Rutenberg counsels hedge funds, private equity firms, broker - dealers and other global financial institution clients on legal issues related to the purchase and sale of loans and securities of distressed and bankrupt companies both domestically and in Europe.
If your privately owned business relies on company - owned vehicles as part of its daily operations, commercial vehicle insurance is necessary not just because the state mandates it but because, without it, the liability charges from a single accident have the potential to bankrupt your company, particularly if the accident proves to be fatal.
Insurance Company Goes Bankrupt — If your life insurance company becomes Insolvent, goes Out of Business or Bankrupt, usually the state regulators will take over the company and administer the handling of all claims on the existing life insurance poCompany Goes Bankrupt — If your life insurance company becomes Insolvent, goes Out of Business or Bankrupt, usually the state regulators will take over the company and administer the handling of all claims on the existing life insurance pocompany becomes Insolvent, goes Out of Business or Bankrupt, usually the state regulators will take over the company and administer the handling of all claims on the existing life insurance pocompany and administer the handling of all claims on the existing life insurance policies.
Many employees were dismissed due to cut - backs or simply from companies going bankrupt under the economic pressure but now that businesses are starting to recover, the task of hiring new staff is one that many try to avoid at all costs - the rigmarole of sorting through a mountain of resumes, conducting interviews and finding the right person for that newly developed post can eat into valuable company time which could be spent more productively on more profitable projects.
The company persevered after some missteps in the mid-2000s — including backing the $ 8.5 billion purchase of Station Casinos, which ended up going bankrupt, and getting crushed on Xanadu, the trouble - plagued $ 2 billion retail and entertainment complex in New Jersey's Meadowlands, during the financial crisis — and Barrack now has a personal fortune that's estimated at $ 1.3 billion, according to the Bloomberg Billionaires Index.
Based on the above philosophy, the company felt confident taking over six theaters from the bankrupt Pacific Theatres of Los Angeles.
The company's involvement in development started about a dozen years ago when Brown and Sharkey took over marketing of a new downtown apartment project on behalf of the bank that owned it after the developer went bankrupt.
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