Sentences with phrase «protection as bankruptcy»
A proposal is not bankruptcy, but it does provide the same creditor protection as bankruptcy.
https://www.hoyes.com/ Not exact matches
Gawker Media founder and CEO Nick Denton will file for personal bankruptcy protection as early as Monday after losing a fight in a Florida court for a shield against a judgment in a breach of privacy case involving professional wrestler Hulk Hogan, according to a person familiar with the matter.
As Theranos continues to spiral downward, its investors are now claiming the company threatened to file for bankruptcy protection if they don't give up their rights to sue the startup over its faulty blood - testing business, Bloomberg reported.
Charter Communications (CHTR), one of the largest U.S. cable companies, will file for bankruptcy protection by April 1, as part of a resturcuting to cut its debt by $ 8 billion, the WSJ reports.
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.
Electronics retailer RadioShack Corp filed for U.S. bankruptcy protection on Thursday and said it had a deal in place to sell as many as 2,400 stores to an affiliate of hedge fund Standard General, its lender and largest shareholder.
NEW YORK, April 1 - FirstEnergy Corp said late on Saturday its nuclear and coal power plant units filed for bankruptcy court protection as the company looks to restructure, sell assets and win government support to cope with competitors using lower - cost natural gas.
You can't really judge Detroit, which filed for Chapter 9 bankruptcy protection on Thursday, as a business.
In February, it acquired part of infrastructure services company Carillion Canada, which filed for bankruptcy protection in January, and in November, it increased its stake in Torstar media company, which holds an investment in The Canadian Press as part of a joint agreement with a subsidiary of the Globe and Mail and the parent company of Montreal's La Presse.
The ailing tech retailer is reportedly aiming to file for bankruptcy protection as early as today.
Just four months ago and before the holiday shopping season, Toys R Us filed for bankruptcy protection as its sales were waning and debt was piling up.
Update, Feb. 5, 2015: RadioShack has filed for Chapter 11 bankruptcy protection and reportedly reached an agreement to sell as many as 2,400 of its 4,000 locations to the hedge fund Standard General.
His departure as chairman marks the end of an era in Canadian business during which his empire included the auto parts company, MI Developments Inc., which owns the real estate under many of Magna's plants, and Magna Entertainment Corp., a racetrack and gambling company that went into Chapter 11 bankruptcy protection in 2009.
(Reuters)- Electronics retailer RadioShack Corp RSHC.PK filed for U.S. bankruptcy protection on Thursday and said it had a deal in place to sell as many as 2,400 stores to an affiliate of hedge fund Standard General, its lender and largest shareholder.
The chain filed for Chapter 11 bankruptcy protection last fall, saddled with $ 5 billion in debt that hurt its attempts to compete as shoppers moved to Amazon and huge chains like Walmart.
Oil and gas producer Midstates Petroleum Co Inc raised doubts about its ability to remain as a going concern and said it may need to seek Chapter 11 bankruptcy protection.
Gun maker Remington Outdoor Co. is planning to file for bankruptcy protection as early as next week as it built capacity when gun sales were soaring but sales dropped after Mr. Trump took office.
You will want to discuss all of your options with your attorney or tax advisor before taking action, especially if creditor protection is a concern for you, as the Supreme Court has ruled that Inherited IRAs are not protected under federal bankruptcy laws (although state law creditor protection of inherited IRAs still varies).
A lot of good things can happen in bankruptcy such as terminate overpriced contracts or leases, shed extraneous business units or, deal with union problems or settle contingent liabilities; all under the protection of bankruptcy court.
After Mt.Gox filed a bankruptcy protection, its admin team picked Kraken as a dependable partner to streamline payments to its creditors.
Also, the same protections as in bankruptcy (a legal stay) are provided.
Investors would remember Mt Gox as the world's largest bitcoin exchange until 2014, when it filed for bankruptcy protection following a $ 500 million heist.
On the other hand, according to the Measures for the Administration of Securities Investor Protection Fund 《 證券投資者保護基金管理辦法 》, the functions of China Securities Investor Protection Fund (CSIPF, 中國投資者保護基金) include «indemnifying creditors as required by China's relevant policies in case a securities company is subjected to compulsory regulatory measures including dissolution, closure, bankruptcy and administrative takeover by China Securities Regulatory Commission (CSRC) and custodian operation» or «other functions approved by the State Council».
Grace focuses on earnings adjusted for such expenses as bankruptcy and asbestos - related costs — the company has been in Chapter 11 bankruptcy protection since 2001 as a result of asbestos - related lawsuits.
Radio Shack has announced the closure of nearly 200 stores as the ailing electronics retailer seeks bankruptcy protection for a...
Remington, the gunmaker beset by falling sales and lawsuits tied to the Sandy Hook Elementary School massacre, has reached a financing deal that would allow it to continue operating as it files for Chapter 11 bankruptcy protection.
Most recently, Schneiderman's office had sued Harvey Weinstein's former company as it entered bankruptcy protection.
The problem with the second point is that because Puerto Rico is a colony of the United States, it is not allowed to declare bankruptcy and receive bankruptcy protection as 50 states and their municipalities are all allowed to do.
Concurrent with deCODE's recent petition for bankruptcy protection in the United States, deCODE has entered into and filed with the court an asset purchase agreement with Saga Investments LLC (Saga) to sell its Iceland - based subsidiary as a going concern, including latter's product lines and service businesses.
NEW YORK (AP)-- Almost four years after seeking bankruptcy protection under a barrage of labor issues and rapidly changing appetites, the maker of Twinkies and Ding Dongs will take the stage once again as a publicly traded...
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.
On April 30, the company simultaneously announced that they were seeking Chapter 11 bankruptcy protection as well as a formal partnership with Fiat.
On June 10, 2009, 41 days after filing for bankruptcy protection, the sale of most of Chrysler assets to «New Chrysler», formally known as Chrysler Group LLC, was completed.
Retailing The financially troubled Borders Group reportedly could file for Chapter 11 bankruptcy protection as soon as today or Tuesday, setting the stage to close about 200 of its...
Providing many of the same benefits as filing bankruptcy, including creditor protection and elimination of overwhelming debts, by choosing a consumer proposal, people with severe debt problems gain several advantages over other forms of debt relief the most significant of which is dramatically lower monthly payments and avoiding bankruptcy.
With a Consumer Proposal, you receive the same protections as in bankruptcy but have a repayment plan as well as the opportunity to keep your assets.
As a matter of fact, if you have large amounts of debt showing on your credit report, lenders may offer you attractive settlement plans, as they may fear that you would use bankruptcy protection to run away from your obligationAs a matter of fact, if you have large amounts of debt showing on your credit report, lenders may offer you attractive settlement plans, as they may fear that you would use bankruptcy protection to run away from your obligationas they may fear that you would use bankruptcy protection to run away from your obligations.
As an alternative to bankruptcy, consumer proposals help 50,000 Canadians a year keep their assets, gain protection from their creditors but most importantly get out of debt.
In addition, a consumer who files for bankruptcy protection is limited as to how often this can be done.
Although options outside of bankruptcy should always be explored, filing for bankruptcy protection will eliminate credit card debt as well as medical bills.
In 2005, the Bankruptcy Abuse Prevention and Consumer Protection Act (BAPCPA) made all educational loans, public and private, nondischargeable absent a showing of undue hardship (an impossible standard to meet as interpreted by courts across the country).
Personal bankruptcy filings have been on the rise as of late, even after the government made it more difficult for families to qualify for bankruptcy status with the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 — tbankruptcy filings have been on the rise as of late, even after the government made it more difficult for families to qualify for bankruptcy status with the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 — tbankruptcy status with the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 — tBankruptcy Abuse Prevention and Consumer Protection Act of 2005 — the BAPCPA.
Your protection from you creditors begins automatically and immediately as soon as you file your bankruptcy.
As of October 17, 2005, after the passage of the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005, debtors now must meet stricter requirements to qualify for Chapter 7 Bankruptcy.
As a former partner of Doan Law Firm, LLP, I have years of extensive bankruptcy and consumer protection law experience, which enables me to provide you with sound and practical advice as to both your debt and real estate matterAs a former partner of Doan Law Firm, LLP, I have years of extensive bankruptcy and consumer protection law experience, which enables me to provide you with sound and practical advice as to both your debt and real estate matteras to both your debt and real estate matters.
As of October 17, 2005, after the passage of the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005, at the conclusion of bankruptcy proceedings, but before any debt can be discharged, debtors must attend a government approved financial managemeBankruptcy Abuse Prevention and Consumer Protection Act of 2005, at the conclusion of bankruptcy proceedings, but before any debt can be discharged, debtors must attend a government approved financial managemebankruptcy proceedings, but before any debt can be discharged, debtors must attend a government approved financial management course.
Files for Bankruptcy Protection The Cash Store's problems continue, as they have now filed for bankruptcy protection (under the CCAA, a form of... Read mBankruptcy Protection The Cash Store's problems continue, as they have now filed for bankruptcy protection (under the CCAA, a form of... Read mProtection The Cash Store's problems continue, as they have now filed for bankruptcy protection (under the CCAA, a form of... Read mbankruptcy protection (under the CCAA, a form of... Read mprotection (under the CCAA, a form of... Read more»
As Iuliano says, «By adopting this broad reading, courts have done much to prevent honest debtors from utilizing the protections of bankruptcy.
As a legal proceeding under the Bankruptcy & Insolvency Act, filing a consumer proposal provides you with the same protections you would receive in a bankruptcy, without filing for bBankruptcy & Insolvency Act, filing a consumer proposal provides you with the same protections you would receive in a bankruptcy, without filing for bbankruptcy, without filing for bankruptcybankruptcy.
Liability protection doesn't work in that direction because you're the owner of the LLC, and so the assets of the LLC are still considered yours and their value of the LLC as a whole would be considered by creditors in cases of bankruptcy.