Sentences with phrase «reorganization plan»

Paul, Weiss secured court approval for radio broadcasting company Cumulus Media Inc.'s financial reorganization plan in connection with its Chapter 11 bankruptcy.

Yet even if the company attracts a buyer and emerges from its debt reorganization plan with a fresh start, it will still face daunting industry problems, Kniffen says.

While many of the aspects of NYRA» s recently approved reorganization plan are out front and obvious, the shadow of the Cuomo administration still lurks over the facilities at Aqueduct, Belmont and Saratoga race courses as it has since October 2012.

Businesses advertising voluntary debt reorganization plans or «Chapter 13» relief may fail to explain that Chapter 13 debt adjustment actually is a form of bankruptcy.

The district announced in December One Newark, a controversial reorganization plan which involves relocating some school communities, expanding charter schools and changes in leadership at existing schools.

The U.S. Bankruptcy Court confirmed Grace's reorganization plan last year and the U.S. District Court affirmed the plan in January, but appeals are still pending.

«She announced this major reorganization plan before about a thousand people, took no questions, then walked out the door,» he says.

The bidding war between Simon Property Group and Brookfield Asset Management over the fate of General Growth Properties appears to have reached a stalemate, as the two firms are now offering similarly priced and structured reorganization plans for...

Orland Park — A new assistant village manager was unanimously chosen by the Village Board as part of a personnel reorganization plan that will shuffle several department heads at Village Hall.

The district said it will unveil more of its administrative reorganization plan before the end of March, Meissen said Wednesday.

A long - awaited management reorganization plan released Monday by Jesse Madison, the Chicago Park District «s chief executive, prompted rare conciliatory comments from park board President Walter Netsch, with whom Madison had been battling over authority at the agency.

Under a cost - cutting reorganization plan, the Postal Service wanted to shift processing work to a similar facility in Rochester, eliminating 700 local jobs and ending overnight local delivery.

Congress rejected the idea (as well as much of the White House's overall reorganization plan) and eventually restored the NASA funding.

The Regents also approved a much - discussed reorganization plan, even though the plan is little more than a rough sketch.

Fort Wayne Launches Broad Restructuring Plan: The Fort Wayne, Ind., school district has begun a wide - ranging reorganization plan that will trim its central - office staff and give schools greater decisionmaking power.

Jeffries chided Superintendent Cami Anderson, saying she failed to engage city stakeholders with her «One Newark» school reorganization plan, which has become a lightning rod for criticism in the run - up to the May 13 municipal election.

As far as I'm concerned, it's time for them to prove they have a clue by filing their new business plan / reorganization plan instead of holding their hand out for more money while telling their creditors to bend over and trust them not to kick them in the rear again.

In fact, California reorganization plans are accepted in fewer than 1 % of all cases when the applicant is not working with an attorney.

Nintendo has been adjusting strategy and development direction continuously the last couple of cycles and judging by their coming company - wide developer reorganization plan, they are well aware their game - creation processes need to change again.

Murder was allegedly involved and as the URL notes «It also involved the Harding administration's government reorganization plans, national defense, and a world oil famine that never materialized.»

Dolan filed under Chapter 11 in 2014 and had its prepackaged reorganization plan approved in June 2014.

Ultimately, she distinguished Jevic, reasoning that Adeptus's reorganization plan left creditors better off than in a Chapter 7 liquidation, while the gift in Jevic's structured dismissal provided no such benefit.

Dana represented major clients acting in a diverse range of industries with regard to intricate legal matters stemming investments & divestiture projects, including as regards deal structuring, as well as from various business restructuring projects, transfers of business and assets as part of complex reorganization plans.

The Bankruptcy Court, on the other hand, applied a liquidation value standard to decide whether to approve a Chapter 13 debtor reorganization plan.

However, the task that was put to you this time with a multi-year reorganization plan in front of me was a formidable challenge.

Reduced regional payroll expense $ 80K annually by recommending reorganization plan of resort staff, from which strategic metrics were applied to streamline operational efficiency.

As part of its bankruptcy reorganization plan that reduced its debt holdings by roughly $ 9 billion, the newly - established VICI Properties took ownership of Caesars Palace and several golf course operations as the real estate - managing division.

In Tullius» experience, bankruptcy courts tend to favor foolproof reorganization plans over those they deem to be more uncertain, even if the latter appears more attractive.

Bankruptcy law involves the procedure or legal method by which a debtor is relieved of financial liability for its debts by establishing a court - approved reorganization plan or plan for partial repayment.

The time it takes to go through the bankruptcy process all depends on the type of bankruptcy you file, but typically a Chapter 7 can be finished within 180 days and any type of reorganization plan can take up to five years.

The investment banking giant's upgrade injects some more confidence into Valeant's reorganization plans, which the company announced Aug. 9, sending shares up 25 %, despite second - quarter earnings that missed Wall Street expectations.

A judge agreed that the company's pilots were paid «substantially over market,» granting approval of a reorganization plan that included a 9 percent reduction in pilot pay, plus smaller cuts to flight attendant pay and employee benefits.

Elliott holds $ 2.9 billion of Energy Future's secured and unsecured debt, enough to try to block the reorganization plan with Berkshire, the people said.

Remington Outdoor, one of the country's oldest and largest gun makers, said this week that a bankruptcy judge had approved its reorganization plan, which will transfer ownership of the company to creditors including JPMorgan.

Remington Outdoor Co. saw its bankruptcy process move swiftly toward an end Wednesday when a judge said he would approve the firearms maker's reorganization plan, which will place the company under the ownership of its creditors, WSJ Pro Bankruptcy reported.

An announcement of a reorganization plan was expected this week.

My understanding of the reorganization plan is that JD receives a little over $ 2 billion to sell off its current equity stake, and will retain the right to receive 40 % of profits of JD Finance when profit is positive.

LEGAL BATTLES The holding company for Washington Mutual finally had its reorganization plan approved in February 2012, following three years of legal battles about the low price paid for its banking assets.

A group of 43 members of the U.S. Food Industry Codex Coalition (FICC) and other allied associations today sent a letter supporting Agriculture Secretary Sonny Perdue's reorganization plan to assign responsibility for the U.S. Codex Office to the new Under Secretary for Trade and Foreign Agricultural Affairs.

Netsch, however, gave no signs of ending his quarrels with Madison, which have centered on hiring and the speed with which the park district was undertaking a reorganization plan and instituting promised reforms.

Parks chief Forrest Claypool formally unveiled his reorganization plan for the Chicago Park District Thursday and announced his choices for top - level managers.

Netsch was angered Monday when the park board rejected his reorganization plan in favor of one designed by Madison, and he has threatened to resign.

He also defended the board «s approval of Madison «s reorganization plan, which he said had community support.

The reorganization plan realigns DSS into three broad divisions: Public Assistance, Individual Protection, and Administrative Support.