Sentences with phrase «of filing for bankruptcy protection»

Finally, it's important to understand the limitations of filing for bankruptcy protection.
Once a creditor becomes aware of a filing for bankruptcy protection, it must immediately stop all collection efforts.

Not exact matches

The latter had an existing $ 90 million «stalking horse» deal to buy most of Gawker's websites, which the two companies announced when Gawker initially filed for bankruptcy protection in June.
While I was cleared of all charges four years later, I wound up filing for bankruptcy protection and lost a personal fortune in business equity to the tune of about $ 3 billion.
Southeastern Grocers, the parent company of the grocery chains Winn - Dixie, Harveys, and Bi-Lo, filed for Chapter 11 bankruptcy protection in March.
Earlier this month, Remington Outdoor, a major manufacturer of firearms, filed for Chapter 11 bankruptcy protection after an extended sales slide.
The women's clothing and footwear company said it filed for Chapter 11 bankruptcy protection to help facilitate the sale of its Nine West and Bandolino businesses.
• Southeastern Grocers LLC, the Florida - based operator of supermarket chains Winn - Dixie and Bi-Lo, filed for Chapter 11 bankruptcy protection to restructure debt, according to Reuters.
Gawker Media founder and CEO Nick Denton will file for personal bankruptcy protection as early as Monday after losing a fight in a Florida court for a shield against a judgment in a breach of privacy case involving professional wrestler Hulk Hogan, according to a person familiar with the matter.
First, he says, the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 made it more difficult for consumers to file for bBankruptcy Abuse Prevention and Consumer Protection Act of 2005 made it more difficult for consumers to file for bankruptcybankruptcy.
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.
Kevyn Orr, a partner in the Washington law firm Jones Day and best known for his work on the restructuring of Chrysler after it filed for bankruptcy protection in 2009, will assume financial control of Detroit, the nation's poorest major city.
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.
It's also worth noting that in the same year «The Apprentice» premiered, Trump's infamously ailing casino empire filed for bankruptcy protection as a result of being more than $ 1 billion in debt.
NEW YORK, N.Y. — The company that once offered to sell you eight CDs for 1 cent has filed for Chapter 11 bankruptcy protection after almost 20 years of falling sales.
Electronics retailer RadioShack Corp filed for U.S. bankruptcy protection on Thursday and said it had a deal in place to sell as many as 2,400 stores to an affiliate of hedge fund Standard General, its lender and largest shareholder.
Gawker itself filed for bankruptcy protection in June, halting Hogan's collection of some $ 140 million in damages.
March 25 - Remington Outdoor Co Inc, one of the largest U.S. makers of firearms, filed for bankruptcy protection on Sunday to carry out a debt - cutting deal with creditors amid mounting public pressure for greater gun control.
March 27 - Southeastern Grocers LLC, the Florida - based operator of supermarket chains Winn - Dixie and Bi-Lo, said on Tuesday it filed for Chapter 11 bankruptcy protection to restructure debt.
A Virginia court approved the sale of Toys «R» Us Canada to Fairfax on Tuesday, ending the uncertainty looming the Canadian subsidiary after it filed for creditor protection in September, and the retailer's U.S. division sought bankruptcy protection.
In February, it acquired part of infrastructure services company Carillion Canada, which filed for bankruptcy protection in January, and in November, it increased its stake in Torstar media company, which holds an investment in The Canadian Press as part of a joint agreement with a subsidiary of the Globe and Mail and the parent company of Montreal's La Presse.
Toys «R» Us Inc, the largest U.S. toy store chain, filed for bankruptcy protection on Monday, the latest sign of turmoil in the retail industry caught in a vice-like grip of online shopping and discount chains.
NASHVILLE, Tenn. — The maker of the Gibson guitar, omnipresent for decades on the American music stage, is filing for bankruptcy protection after wrestling for years with debt.
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.
• 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 maker of the Gibson guitar, omnipresent on the American music stage, files for bankruptcy protection
Update, Feb. 5, 2015: RadioShack has filed for Chapter 11 bankruptcy protection and reportedly reached an agreement to sell as many as 2,400 of its 4,000 locations to the hedge fund Standard General.
RadioShack, a long - ailing 94 - year - old electronics chain, filed for bankruptcy protection on Thursday after striking a deal to sell up to 2,400 of its stores to the wireless service provider Sprint and a hedge fund that is its biggest shareholder.
Dolan Co., which owns The Daily Record, plans to file for bankruptcy - law protection next week, the Minneapolis - based company announced Thursday.Dolan, a professional services and business information firm, showed signs of mounting financial distress in...
(Reuters)- Electronics retailer RadioShack Corp RSHC.PK filed for U.S. bankruptcy protection on Thursday and said it had a deal in place to sell as many as 2,400 stores to an affiliate of hedge fund Standard General, its lender and largest shareholder.
The company that once dominated toy sales in the U.S. has been operating under bankruptcy protection since last fall, when it filed for Chapter 11 under the weight of $ 5 billion in debt.
(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 existence.
The chain, which filed for bankruptcy protection, has been unable to find a buyer or restructure its debt, but is still a major retailer of toys.
Orexigen Therapeutics filed for Chapter 11 bankruptcy protection and will pursue a sale of its assets, the obesity weight loss drugmaker said Monday.
Freedom Communications Inc., owner of the Orange County Register, filed for bankruptcy protection Sunday, and its chief executive said he plans to lead a bid to acquire the troubled newspaper company.
NEW YORK (Reuters)- Pizza chain Sbarro LLC has filed for bankruptcy protection for the second time in three years after struggling with too much debt and fewer customers in malls that house many of its restaurants.
Feb 2014: Mt. Gox files for bankruptcy protection The world's biggest exchange, which at one point controlled 70 % of bitcoin transactions, was plagued with hacks and other problems.
Fashion retailer BCBG Maz Azria recently filed for Chapter 11 bankruptcy protection, reporting assets in the range of $ 100 million to $ 500 million and liabilities ranging from $ 500 million to $ 1 billion, according to a press release.
The investment bank Drexel Burnham Lambert filed for bankruptcy protection in 1990 after it faced the possibility of an indictment.
The archdiocese filed for bankruptcy protection last year in the face of lawsuits from people who said they had been abused by its priests.
The Crosier Fathers & Brothers filed for Chapter 11 bankruptcy protection at a US Bankruptcy Court in the District of Minnesota onbankruptcy protection at a US Bankruptcy Court in the District of Minnesota onBankruptcy Court in the District of Minnesota on Thursday.
11 Catholic archdiocese have filed for bankruptcy protection due to not being able to afford paying cash settlements to families of underaged males openly gay priests have stalked and and found to be rayping.
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.
Mac Acquisition LLC, the owner of the Italian chain, filed for bankruptcy protection October 18, citing a shift in customer preference and an «overall downturn for the casual dining industry.
Mac Acquisition LLC, the owner of Romano's Macaroni Grill, filed for chapter 11 bankruptcy protection Wednesday, citing a shift in customer preference and an «overall downturn for the casual dining industry.»
In 1991 the former Colts quarterback cited debts of $ 3.5 million in filing for personal bankruptcy protection.
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.
* Cites «changes in market» for its ground beef products * Lists assets of $ 219 million, debt of $ 197 million * Has secured $ 56 million in DIP financing April 2 (Reuters)- Ground beef processor AFA Foods filed for bankruptcy protection on Monday and said it plans to sell some or all of its assets, citing the impact of media coverage related to a meat filler critics have dubbed «pink slime.»
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