Sentences with phrase «of time of bankruptcy»

Not exact matches

According to the Financial Times, four major creditors filed a petition this month asking the court to pull Mt. Gox out of bankruptcy in order to distribute its bitcoin assets among claimants.

It was the evening of March 7, 2014, and Karpelès had barely slept in the week since Mt. Gox had sought bankruptcy protection, announcing that 850,000 of its Bitcoins, worth some $ 473 million at the time — and representing 7 % of all Bitcoins then in existence — had somehow disappeared.

During that time, however, the death, withdrawal, expulsion, or bankruptcy of one member does not necessarily represent the end of the LLC.

But a 2014 study from Daniel Austin, a bankruptcy attorney and, at the time, a professor at the Northeastern University School of Law, offers some of the most in - depth research to date.

«If you're uninsured or underinsured, you can run up a huge debt in a short period of time,» says Lois Lupica, a bankruptcy expert and Maine Law Foundation Professor of Law at the University of Maine School of Law.

The Sbarro pizza chain, a staple of mall and rest stop food courts across the U.S., has officially exited bankruptcy for the second time in three years.

But he also catalogues a dizzying number of times the firm was involved in, if not the cause of, corporate disaster: McKinsey men endorsed the strategy that led Swissair into bankruptcy; its consultants pushed hard for the disastrous AOL — Time Warner merger in 2000; and, in 1995, McKinsey even advised J. P. Morgan to get out of the lending business.

And so in the case of TPG, we had bought Continental Airlines out of bankruptcy, America West Airlines out of bankruptcy, Ryan Air, which is the largest airline in Europe, and we had sold much of the Continental stake to Northwest, so by the time I got there, in the late»90s, we basically controlled four airlines.

In July, U.S. bankruptcy court judge in Delaware pushed back a hearing on the approval of the Berkshire offer, giving Elliott more time to solidify its bid.

His clothing and souvenir goods are manufactured in China, and Hong Kong billionaires saved Trump from the brink of bankruptcy in the 1990s, so he's probably killed some time at Hong Kong International, which was built on an artificial island and was the most expensive airport in the world when it opened.

With little warning, it filed for bankruptcy under Chapter 11, in the hope, Brandon said at the time, of emerging better than ever.

TD economist Chris Jones ominously noted: «The last time such a large drop in consumer expectations occurred was in the immediate aftermath of the Lehman Brothers bankruptcy.»

Here is a look at the 10 largest retail bankruptcies in recent years, as ranked by assets at time of the initial court filing.

He's credited with one of the greatest investments of all time in his risky buyout of petrochemicals maker LyondellBasell, which he purchased out of bankruptcy amid the financial crisis for north of $ 2 billion.

At the same time, the bloom came off of clean - tech, generally, with the notorious bankruptcy of Solyndra, a manufacturer of solar energy modules, and a broader shakeout of solar panel producers caused by plummeting prices and competition from China.

* NY Times: «The Obama administration is prepared to force Chrysler into bankruptcy by the end of the week unless it gets unanimous consent from a group of banks and hedge funds to retire the automaker's debt.»

That is not to say that some kind of bankruptcy filing might not follow in those jurisdictions at a later time.

At the time, «sources familiar with the situation» said that bankruptcy was one of the options.

But that evaluation is not the basis of the huge blowback by the Bitcoin community, many of whom have expressed outrage that their movement has had some of its anonymity stripped away at the very time a host of bad news — bankruptcies, thefts, allegations of manipulation — ALSO hit.

Borrowers may be able to have private student loans discharged through bankruptcy proceedings, but only when they are able to prove that the monthly payment will impose an undue hardship for an extended period of time.

That means it's just a matter of time before Energy Future will have to go through some sort of restructuring, whether it's through a bankruptcy or other means.

Housing demand is also being supplemented by bankruptcy survivors who waited out their 7 year exile joining first time buyer millennials, babyboomers, immigrants, foreign investors (Canadian and Chinese), and even gen Xers, all of whom are looking for houses for sale.

After leaving 7 - Eleven, I spent a very short time as COO for Pearle Vision; then I became CEO of Circle K, a convenience store chain that was in bankruptcy.

The embattled political consulting firm Cambridge Analytica announced yesterday that it would cease most operations and file for bankruptcy amid growing legal and political scrutiny of its business practices and work for Donald J. Trump's presidential campaign, the New York Times reported.

At the time of its Sept. 15, 2008 Chapter 11 bankruptcy filing, Lehman Brothers had been in operation for 158 years.

The company, at the time of it bankruptcy filing, had about 1,700 stores globally, with about 800 in the US under the Toys «R» Us and Babies «R» Us brands.

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.

They collected data about the negative aspects of consumers» credit histories, such as delinquencies, defaults, and bankruptcies, while minimizing information about on - time payments.

The recent news out of Sun - Times Media adds yet another name to the list of pre - bankruptcy / bankrupt newspaper chains.

As counsel for the buyer, the length of time that a bankruptcy would have required was not necessarily something my client had an appetite for, and I'm not sure that this seller had the resources to go through a bankruptcy filing.

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.

The VA usually requires a two - year waiting period following a Chapter 7 bankruptcy or foreclosure before it will insure a loan, and borrowers in Chapter 13 must have made at least 12 on - time payments and secure the approval of the bankruptcy court.

After Puerto Rico declared a form of bankruptcy May 3, The New York Times used these words to describe the U.S. territory's fiscal woes: «borrowing to pay operating expenses, year after year»; «unable to provide its citizens effective services»; and «rising pension costs, crumbling infrastructure, departing taxpayers and credit downgrades.»

Any time you use debt financing, you are running the risk of bankruptcy.

As Navillus makes its way through bankruptcy, the concrete company is going after one of its general contractors for allegedly stiffing its workers on one of the biggest construction projects in Times Square.

It remains unclear when Grace will finally emerge from bankruptcy, though the company said the fourth quarter of next year is the most realistic time frame for its exit.

Then, of course, there was Enron, which in 2001 filed the largest bankruptcy in U.S. history up to that time.

As time goes by, the good credit behaviors you establish will outweigh the negative impact of your bankruptcy.

From GE between 2005 and 2007 to Glencore in 2014 and American Airlines since its 2011 bankruptcy, corporate C - suites have time and again prioritized the short - term benefits of buybacks over medium - to long - term debt - management.

This leaves them without enough money to sustain the living standards of recent years — and they no longer can wipe out their debts by declaring bankruptcy as in times past, because Congress has passed the harsh bankruptcy law that credit - card and bank lobbies paid them to pass.

If you have a history of bankruptcy, double check with the lender before applying that enough time has lapsed for your application to be eligible.

And it is the mocking deconstructive critique of the postmoderns that shows the bankruptcy and the will to power of modern times.

In the Jewish scripture, a form of indentured servitude is recognized and strictly controlled with set time limits on such service (seven years) as a method of discharging bankruptcy.

But rather than putting such local churches back under the supervision of «Prop,» put them into trusteeship under the supervision of a reconstituted and re-staffed Pontifical Council for the New Evangelization — just as a failed company that goes into Chapter 11 bankruptcy is supervised by a trustee until such time as the company can stand on its own feet again.

This kind of full or respondent silence is not a state of emptiness or bankruptcy; it is the fruit of a dialogue in which the parties begin to have a fresh awareness of the presence of God in an encounter that sharpens and focuses differences at the same time that it clarifies common goals and common roots in the one God.

LA Times: Crystal Cathedral: Judge approves sale to Diocese of Orange A bankruptcy judge chose the Roman Catholic Diocese of Orange as the buyer of the Crystal Cathedral for $ 57.5 million after an emotional hearing in Santa Ana on Thursday night, despite pleas by congregants and others that the 56 - year - old ministry stay where it is.

In the summer of 1986, when the Greenwich Village bookstores were crowded with Jay McInerney's Bright Lights, Big City — a novel whose method of demonstrating the bankruptcy of our culture, one critic said, is to chronicle its parties — and Bret Easton Ellis's Less than Zero and Don DeLillo's White Noise, all in shiny paperback covers, I remembered a New York Times review that called Richard Ford's The Sportswriter a novel about a good man.

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Toys R Us, one of the top toy and children's furniture and juvenile products retailers in the nation, filed for Chapter 11 bankruptcy protection early this week, faltering under a massive debt load that has accumulated at a time when more consumers are shopping on line.

Toys R Us has said it will close as many as 182 stores are part of its bankruptcy restructuring, according to a recent report by the New York Times.