Sentences with phrase «of years of bankruptcy»

This is a rewarding and engaging position for an individual that has a couple of years of bankruptcy experience, but may be looking for a greater opportunity to provide a wider range of financial solutions to their clients.

Not exact matches

My dad worked for 35 years at Stelco in Hamilton, before watching a once great company dragged into bankruptcy, in large part because of a pension plan it could no longer fund.

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.

As for Nike, it and many of its peers took a hit from last year's bankruptcies Sports Authority and City Sports.

During the 13 years Trump spent as chairman, the company lost a total of $ 1.1 billion and declared bankruptcy twice — all while Trump essentially paid himself roughly $ 82 million and also had the company pay hundreds of thousands of dollars to buy Trump Ice bottled water for their mini-bars.

He did it in his recent Tesla master plan, referring to the low chance of success he knew he had when starting Tesla by citing the fact that Ford is the only U.S. car company to have avoided bankruptcy — knowledge he didn't have when he launched Tesla in 2003, six years before GM and Chrysler filed for Chapter 11 bankruptcy.

In an Entrepreneur article last year defending Donald Trump's long trail of bankruptcies, editor - at - large Ray Hennessey called failure «a badge of honour.»

Originally they'd wanted to sell their shares for a big profit after a few years to the unsuspecting public, but since the idea of bankruptcy had been floated, that options was off the table, as the shares had plunged.

As of the end of July, there were nearly 123,000 consumer proposals and personal bankruptcies filed by Canadians this year, a decline of 1.2 per cent from the same period last year.

Boire, who previously worked at Best Buy and Brookstone (which filed for bankruptcy last year), parlayed his successful tenure of sales declines at Sears into a job as CEO of struggling bookseller Barnes & Noble, where, somehow, we think he'll feel right at home.

Retailers are filing for bankruptcy at record - high rates as Americans» changing shopping habits, along with years of overly aggressive store growth, continue to shake up the industry.

In October, Gene filed for bankruptcy — just over two years after making a salary most Canadians can only dream of.

The possibility of another Air Canada bankruptcy, nine years after the last one, is now widely discussed on Bay Street.

It's at the very least sobering to consider the extent of Lehman's toxic reach five years ago — a reach that seems almost preposterous when viewed in terms of its unraveling in bankruptcy.

Webvan, which acquired HomeGrocer in June 2000 before plummeting into bankruptcy a year later, was the most troubling of all.

Mt. Gox's bankruptcy trustee, Nobuaki Kobayashi, disclosed on Wednesday in Tokyo that he sold about $ 400 million of Bitcoin and Bitcoin Cash since late September, part of the hoard left behind when the exchange collapsed four years ago.

But the news is particularly ironic for Bitstamp, which gained popularity after the collapse of another exchange called Mt. Gox, which filed for bankruptcy last year after losing approximately $ 650 million in a cyber attack.

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.

The bankruptcy last year of Toys R Us, one of the world's largest toy retailers, threw a further wrench into the industry.

The American arm of the movie - rental chain filed for bankruptcy a year ago, but Blockbuster Canada hung on.

Within the first two years of starting FedEx, founder Frederick Smith found his company so many millions of dollars in debt, because of sharply rising fuel costs, that he was nearly ready to declare bankruptcy.

Financial services provider Pioneer Credit has sold $ 3.1 million worth of bankruptcy - comprised customer accounts if felt could not generate any further value, but none of the proceeds will be contributing to the company's full - year profit.

With at least 10 retail bankruptcies so far this year among major U.S. chains and waves of individual store closures, traditional brick - and - mortar shopping looks wobbly.

But, combined with the economic crisis, the past few years have decimated the industry, says Stephen Atkinson, a BMO Capital Markets analyst, driving 70 % of North American newsprint supply into bankruptcy.

The Los Angeles metro area ranked No. 1 on the list, with 1,048 small firms declaring Chapter 7 or Chapter 11 bankruptcy during the first three months of this year.

In the exclusive interview, Goldner said that while Hasbro doesn't «have perfect clarity» on what will happen with Toys R Us» non-U.S. business, the pain from its bankruptcy would not extend past the second quarter of the 2018 fiscal year.

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.

Essar Steel is among a dozen https://www.reuters.com/article/india-bankruptcy/indias-bhushan-essar-steel-amon g - 1 2 - f i r m s - b e i n g - m o v e d - t o - i n s o l v e n c y - c o u r t s - s o u r c e s - i d U S L 3 N 1 J D 3 3 F of India's biggest debt defaulters that were pushed into the bankruptcy court last year after a central bank order aimed at clearing record bad loans at the country's...

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.

According to forms filed with the U.S. Bankruptcy Court for Southern District of New York, 110,000 people have bought a product from the Columbia House DVD Club within the last year.

A number of private equity - backed retailers, from Sports Authority to Payless ShoeSource, have filed for bankruptcy in the last two years.

Furthermore, that bankruptcy will continue to plague your credit reports for up to ten years and could keep you from getting approved for any type of loan or credit during that period.

And it all happened because three years ago the startup was on the brink of bankruptcy, with two months cash in the bank.

Research published earlier this year in The Wall Street Journal showed that 15 percent of NFL players declare bankruptcy after they retire.

Those early years of fighting off bankruptcy made him «very cocky.

Hardy filed for business bankruptcy last fall and is in the process of filing personal bankruptcy this year.

It took more than two years for a smaller city, Stockton, California, to get out of bankruptcy.

Now we assume that 10 % of our customer base could turn over in a year due to acquisition or bankruptcy.»

What's worse, investors who pulled «profits» out of their Madoff accounts within the past six years may be forced by the bankruptcy court to give it back — even though they may have used it to buy a house or pay for their kids» college tuition.

After all, the absolute number of municipal bankruptcies recorded each year has not increased in the wake of insolvency declarations from Stockton, San Bernardino, Jefferson County, and Detroit.

The fashion chain, known for its «Made in the U.S.A.» fashion, filed for bankruptcy in October following years of losses and expects to be profitable in 2018.

«As with many great American institutions, i.e., General Motors, American Airlines, and many others who have utilized the strategic business tool called bankruptcy, Gary Busey's filing is the final chapter in a process that began a few years ago of jettisoning the litter of past unfortunate choices, associations, events and circumstances that visited themselves upon this great American icon, to enable the start of a new and clear path to peace, happiness and success with his career and his wonderful new soulmate, Steffanie, and their son, Luke.»

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.

The retailer had filed for bankruptcy in October following years of losses and the ouster of founder and CEO Dov Charney.

The International Monetary Fund for years has documented that asking ever healthier taxpayers to wait a little longer for their pension benefits is among the handful of measures that will allow developed economies to save their public retirement systems for bankruptcy.

Earlier this year, Eastman Kodak Co. filed for bankruptcy after falling behind in the digital evolution of photography, the medium it helped bring to the masses in the 20th century.

A spate of bankruptcies among mall stalwarts in the past two years, including Aéropostale, Wet Seal, Pacific Sunwear, and American Apparel, has also pressured landlords.

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

«After years of fighting through bankruptcy court, the Jenkins ended up with just 30 cents on the dollar.

This quarter saw the lowest number of bankruptcy notations in the 18 - year history of this series, continuing an overall downward trend since the financial crisis.