Sentences with phrase «operating as a going concern»

A business will only sell if it can continue to operate as a going concern.

On April 30, 2009, the automaker filed for Chapter 11 bankruptcy protection to be able to operate as a going concern, while renegotiating its debt structure and other obligations, [41] which resulted in the corporation defaulting on over $ 4 billion in secured debts.

After negotiating all through last night, creditors and Najafi failed to reach an agreement that would have forced the Phoenix - based firm to keep the company operating as a going concern, Borders» lawyers said.

But the company said it didn't receive a viable bid to keep the stores operating as a going concern.

Not exact matches

While Apple has not gone as far as Salesforce in opposing the bill in Indiana, where it operates two stores, the iPhone maker has expressed its concerns earlier this year about whether that bill and others like it would undermine existing civil rights law and damage the business climate of those states.

«While we are disappointed by this outcome and tried very hard to identify bidders interested in operating the business as a going concern, we are committed to working constructively with the winning bidder to ensure an orderly wind - down of operations,» said President and CEO Bill Tracy.

As for concerns expressed by some park directors about higher operating costs, Hall acknowledged, «We're going to spend 60 percent more to operate this new facility, but we'll be taking in 90 percent (revenue) than we currently do.

The most inefficient tax way to create wealth is to have reportable operating earnings, a Going Concern emphasis; while the most efficient tax way to create wealth is to have unrealized (and, therefore mostly unreported) appreciation of asset values, a Resource Conversion emphasis.There is a high level of comfort for a buy - and - hold OPMI investor such as Third Avenue, when investing in the equities of companies which enjoy strong financial positions.

For mature, going concerns, the after - tax operating income and free cash flow to the firm will be positive (at least on average) and that cash flow is used to service debt payments as well as to provide cash flows to equity in the form of dividends and stock buybacks.

Regarding Accountability, we represent two Mexican corporations in unrelated service fields, both of which suffered from unlawful conducts that resulted in a serious breach of contract from continued non-payment events in the first case (topping USD$ 400 million over 2 + years), and in the inability to continue operating as an on - going concern in the second case.