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 20
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 20
for 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.