Sentences with phrase «owner filed for bankruptcy»

Considering its 52 rooms and 17 acres — including mountain views, nine kitchens, an NBA regulation - size basketball court, a helipad, and more — it's shocking, quite honestly, that its owner filed for bankruptcy earlier this year.
The mall owner filed for bankruptcy in 2009 after weighing itself down with $ 27 billion of debt.
My latest successful endeavor was bringing Atlas Hospitality back to life after its owner filed for bankruptcy 2 years ago.
Just prior to the board's Nov. 18 action, the school's owner filed for bankruptcy.
When an owner files for bankruptcy, he or she is allowed to keep the homestead exemption in full, and depending on what type of bankruptcy filed, any unsecured debt like the attachment of a lien through judgment may be rendered non-collectable by the bankruptcy court.
The primary myth: small business owners filing for bankruptcy is a sign of a moral failing and should be undertaken only as a last resort after all other avenues have been exhausted.
Bankruptcy legislation President George W. Bush signed in April contains NAR - backed provisions that improve the position of landlords and owners» real estate assets when tenants or owners file for bankruptcy.
The reform measures in the bill would put owners» real estate assets in a better position when tenants or owners file for bankruptcy, NAR analysts say.

Not exact matches

BI-LO LLC and BI-LO Holding Finance defaulted after BI-LO's owner Southeastern Grocers, which is also the parent of Winn - Dixie, filed for Chapter 11 bankruptcy in March
In the same month, Yapian, the owner of South Korea's Youbit exchange, filed for bankruptcy following a hack that saw 17 percent of its cryptocurrency holdings stolen.
York, Pennsylvania - based Bon - Ton, which traces its roots to 1854, had 23,000 employees and 256 stores across 23 states when it filed for Chapter 11 bankruptcy in February with the hope of cutting debt and emerging from a brutal retail landscape under a new owner.
Depending upon how long ago a business owner may have filed and what their credit behavior has been since the bankruptcy, the business will likely pay a premium for any financing it is able to secure.
Bon - Ton filed for bankruptcy in February and had been hoping to sell to U.S. mall owners Namdar Realty Group and Washington Prime Group to secure a bid that would have kept many of its locations open.
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.
Burdened by debt after a failed expansion, the owner of the Orange County Register filed for bankruptcy and its chief executive promised to mount a bid to acquire the troubled newspaper company.
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.
Roust Corp secures approval for bankruptcy filing An application for bankruptcy in the US by Russian Standard vodka brand owner Roust Corp has been granted.
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.»
The owners of Tops Markets, with a hefty debt burden and soft sales causing its losses to nearly double last year, filed for bankruptcy protection in hopes that it can slash its interest payments and emerge in more competitive financial shape.
For perspective, it's also worth noting Motor Trend's owner, Source Interlink Media has been LBO'ed a few times and filed for Chapter 11 bankruptcy protection in April 20For perspective, it's also worth noting Motor Trend's owner, Source Interlink Media has been LBO'ed a few times and filed for Chapter 11 bankruptcy protection in April 20for Chapter 11 bankruptcy protection in April 2009.
Australia's dominant bookselling organization REDgroup Retail has been placed into voluntary administration by its owner, private equity group PEP, just a day after Borders Group filed for bankruptcy.
Yesterday, I heard rumors that the Tribune Co., owner of the Chicago Tribune and the Los Angeles Times, might be filing for bankruptcy protection.
Somebody I met claims that some «shady» business owners out there can create a company with the purpose of paying for an expensive service - then make that company file for bankruptcy to avoid paying for said service (after the service was already completed).
Some lenders will automatically disqualify an application when the business owner has filed for bankruptcy less than five years ago — while others set the date at two years.
Depending upon how long ago a business owner may have filed and what their credit behavior has been since the bankruptcy, the business will likely pay a premium for any financing it is able to secure.
Prior to 2008, Western District of New York courts held that when a husband and a wife both file bankruptcy and one spouse has a life insurance policy with cash value and the other spouse as the beneficiary, the bankruptcy trustee, as trustee for both the owner and beneficiary of the policy, could claim in the cash value.
Unfortunately, when the economy declines and their business fails, those same business owners may be shocked to find that their personal assets are in jeopardy as they struggle to pay their business debt, eventually having to file for bankruptcy.
Depending on where your business is and what state you live in, it may cost a small business owner around $ 2,000 to file for business bankruptcy.
When one co-owner faces significant debts, enough to consider filing for bankruptcy, this raises substantial concerns with other owners about keeping the cottage «in... Read more»
Mortal Kombat X is the third game from the nascent NetherRealm studio created by Warner Bros. after Midway - owners of the franchise - filed for bankruptcy in 2009.
In a claim filed last Thursday (26 September), landlord 1301 Properties Owner LP alledges the firm's former partners owe $ 1.6 m (# 1m) for rent due prior to the firm's bankruptcy in April 2012.
In 2008, city council filed for Chapter 9 bankruptcy, citing overblown salaries for public safety workers, policemen and firefighters; but in 2012 a city - wide participatory budget program, allowing city residents and business owners to discuss budget allocations and city projects.
«But a business owner can start a new business because it's the corporation that filed for bankruptcy, not the business owner,» Migus says.
Allow home owners to shed excess mortgage debt by filing for bankruptcy, marking their home to market, securing replacement financing for new market amount under terms set by court, and treating the remaining amount as unsecured debt.
When Kmart, then the second largest discount retailer in the country, filed for reorganization under Chapter 11 bankruptcy in January 2002, many shopping center owners were taken aback.
Not so good news folks; CC Operations, LLC, Owner of eCheckit filed for Chapter 7 Bankruptcy today, Wednesday Oct 18th in the Kentucky Western Bankruptcy Court.
com Inc.'s march through retail, Southeastern Grocers LLC, the owner of Winn - Dixie, filed for bankruptcy on Thursday, the second of two supermarket chains to do so in less than a month.
That's right: instead of filing bankruptcy or waiting for the foreclosure process to begin, some home owners in parts of the country are going to the courthouse to fight these banks for denying the modification offers.
This lifeline can keep home owners from falling into foreclosure or filing for bankruptcy to get out of their homes, which can lead to even worse problems for the state, says Vermont REALTORS ® CEO Isaac Chavez.
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