Sentences with phrase «successor company»
A "successor company" refers to a new organization that takes over or continues the work, responsibilities, or assets of a previous company. It is the company that follows and carries on the legacy of its predecessor. Full definition
In some circumstances, accumulated net operating losses (NOLs) can even serve as the keystone of a successful successor company.
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«We will also monitor closely any successor companies using our powers to audit and inspect, to ensure the public is safeguarded,» a spokeswoman for the Information Commissioner's Office said in a statement.
The ICO added that it will «closely monitor any successor companies,» countering the possibility of Cambridge Analytica could simply continue under a different name to avoid scrutiny.
The office also promised to «monitor closely any successor companies,» meaning that the people behind Cambridge Analytica wouldn't be able to avoid scrutiny simply by incorporating under a new name.
In 1974, Kenneth Lay joined the Florida Gas Company, eventually serving as president of its successor company, Continental Resources Company.
Questions regarding these shares and Sizzler International, Inc. should be addressed to Worldwide Restaurant Concepts, the successor company.
«We will also monitor closely any successor companies using our powers to audit and inspect, to ensure the public is safeguarded.»
Scheineson called the FDA's actions «overkill» and said they led to the demise of Cetero and its successor company.
Although Eyematic folded, Hartmut Neven and many of the original students started a successor company to salvage the software, and that company was swallowed up by Google last year.
The brothers» successor company has been teetering following a barrage of sexual harassment and assault claims against Harvey Weinstein.
Prior to joining Ariel in September 2004, he spent over 21 years as an Investment Banker at Salomon Brothers and its successor company Citigroup, where he rose to Managing Director and Head of North American investment banking branch offices.
Steve Perlman, OnLive's founder and CEO, was expected to stay on with the successor company but decided to leave less than two weeks after the insolvency.
Lauder created a successor company that bought the assets, kept OnLive's game service up and running and offered to hire back nearly half of the defunct company's workers.
Created by the German development studio Black Forest Games, which is Spellbound's successor company, the game will be released in spring 2013 for Xbox Live -LSB-...]
Christopher enjoys the unusual problems that arise on insolvency: he was recently instructed to advise following the collapse of a large regional law firm, and acted in an ad hoc arbitration between an insolvent football club and its successor company as to the entitlement to a # 500,000 contingent transfer fee for a premier league footballer.
The Gas Act 1986 (GA 1986) privatised the gas industry and led to the formation of the successor company British Gas plc..
Section 49 (1) provided that all liabilities to which BGC was subject immediately before that date became the liabilities of the successor company (British Gas plc).
«We will also monitor closely any successor companies using our powers to audit and inspect, to ensure the public is safeguarded,» a spokeswoman for the Information Commissioner's Office said in a statement.
Today Nomura's successor company, Capital America, is on the ropes.