Sentences with phrase «years as a bankruptcy»

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As for Nike, it and many of its peers took a hit from last year's bankruptcies Sports Authority and City Sports.
During the 13 years Trump spent as chairman, the company lost a total of $ 1.1 billion and declared bankruptcy twice — all while Trump essentially paid himself roughly $ 82 million and also had the company pay hundreds of thousands of dollars to buy Trump Ice bottled water for their mini-bars.
Originally they'd wanted to sell their shares for a big profit after a few years to the unsuspecting public, but since the idea of bankruptcy had been floated, that options was off the table, as the shares had plunged.
As of the end of July, there were nearly 123,000 consumer proposals and personal bankruptcies filed by Canadians this year, a decline of 1.2 per cent from the same period last year.
Boire, who previously worked at Best Buy and Brookstone (which filed for bankruptcy last year), parlayed his successful tenure of sales declines at Sears into a job as CEO of struggling bookseller Barnes & Noble, where, somehow, we think he'll feel right at home.
Retailers are filing for bankruptcy at record - high rates as Americans» changing shopping habits, along with years of overly aggressive store growth, continue to shake up the industry.
While agricultural chemical and mining companies led the S&P 500 in the nine years leading up to the Lehman's bankruptcy, it's been the internet and tech companies such as Netflix and Nvidia that have led the charge this time around.
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.
As Snyder says, the bankruptcy has been 60 years coming.
After struggling for years as electronics shoppers shifted online, RadioShack filed for bankruptcy on Thursday, marking an ignominious end for the 94 - year - old retailer that had sold the first mass - market computer.
«As with many great American institutions, i.e., General Motors, American Airlines, and many others who have utilized the strategic business tool called bankruptcy, Gary Busey's filing is the final chapter in a process that began a few years ago of jettisoning the litter of past unfortunate choices, associations, events and circumstances that visited themselves upon this great American icon, to enable the start of a new and clear path to peace, happiness and success with his career and his wonderful new soulmate, Steffanie, and their son, Luke.»
Here is a look at the 10 largest retail bankruptcies in recent years, as ranked by assets at time of the initial court filing.
Further, as Griffin took control, Tribune newspapers were still licking their serial wounds from several years of Sam Zell ownership, and then five long years of bankruptcy - court limbo.
Berkshire's offer would help Energy Future exit its costly bankruptcy, which has stretched for over three years as other deals for its crown jewel Oncor fell apart.
There have been more than a dozen significant retail bankruptcies this year, but none for retailers as big as Toys «R» Us, which has more than 1,600 stores worldwide.
Over the past six years, Lundgren navigated perilous waters as the company was near bankruptcy.
As with other lenders, if your business has sufficient cash flow to support a loan payment, you haven't declared bankruptcy in the past 24 months, and are current with your personal obligations like your rent or a mortgage for the last year, you may qualify.
Three years after my departure as CEO, Blockbuster declared bankruptcy.
Some aspects of a negative payment history, such as accounts sent to collections, tax liens and bankruptcy, will fall off your record in seven to ten years.
Deciding to spend money on a convention centre that depends so heavily on the revival of the automotive industry was obviously a tough call, given that two of the US car companies that used to be known as the Big Three filed for - then emerged from - bankruptcy last year.
The bankruptcy declaration by Puerto Rican Governor Ricardo Rosselló was the culmination of an historic recession that had plagued the country for years, and defied many expectations as the country — constitutionally — is barred from declaring bankruptcy.
High - yield bonds, those from companies with weak financial positions and poor credit, are offering rates as high as 9 % for 30 - year terms but also offer the risk of bankruptcy before the bond matures.
Make a $ 450,000 home loan with 3 % down to a couple making $ 35,000 a year working at Starbucks; already burdened with $ 90,000 in student loans, $ 20,000 in credit card debt and FICO scores of 610, after they tell the loan officer they make $ 120,000 as senior managers of a large multi national corporation When they default on the home loan, file bankruptcy to discharge student and credit card debt and start living in section 8 housing, you now have a new brother and sister.
As of June, more than 300 U.S. retailers had filed for bankruptcy in 2017, up 31 % year - over-year.
In fact, the company has been named as the number one restructuring advisor in bankruptcy advisory for the last ten years by the Deal Newsroom.
This leaves them without enough money to sustain the living standards of recent years — and they no longer can wipe out their debts by declaring bankruptcy as in times past, because Congress has passed the harsh bankruptcy law that credit - card and bank lobbies paid them to pass.
(As we went to press, the ABI released new data showing a 4 % year - over-year decline in bankruptcy filings in April, but with a slight increase in the per capita filing rate from the first quarter.)
«Each period, whether a day, a month, a year or longer, represents an infinite number of possible learning opportunities, revealing more and more about correlations, hedging, law, regulation, culture, sizing positions, trading versus holding, activism, bankruptcy law and practice, government action and political impacts on investing, organizational realities and growth, as well as the kind of personal characteristics that are required to do this job well.»
Although bankruptcy filings normally spike higher as the annual mid-April tax deadline approaches, the following charts show that the annual March spikes are now in an up - trend, after several years of moving lower.
In the Jewish scripture, a form of indentured servitude is recognized and strictly controlled with set time limits on such service (seven years) as a method of discharging bankruptcy.
LA Times: Crystal Cathedral: Judge approves sale to Diocese of Orange A bankruptcy judge chose the Roman Catholic Diocese of Orange as the buyer of the Crystal Cathedral for $ 57.5 million after an emotional hearing in Santa Ana on Thursday night, despite pleas by congregants and others that the 56 - year - old ministry stay where it is.
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Earlier this year, García - Padilla announced Puerto Rico's public debt reached $ 72 billion, leading some advocates to ask that the island territory be given the authority to declare a Chapter 9 bankruptcy, as states and local governments can but territories can not.
As Executive Director of the NRCC during the 1990's, she took an organization on the verge of bankruptcy, made the tough choices and ultimately tripled revenues while helping Republicans win and then maintain our first House Majority in 40 years.
The complaint also alleges Rosa failed to disclose the full extent of her assets in a 2009 personal bankruptcy filing, hiding her ownership of a co-op apartment in Manhattan and income earned by her husband, as well as thousands of dollars in political consulting fees she'd earned in the years prior to the bankruptcy.
Four years ago, Cuomo installed a special reorganization board to run NYRA, which was facing bankruptcy as it became mired in scandal and financial difficulties.
Less than six months after emerging from bankruptcy as property of billionaire Carl Icahn, the Trump Taj Mahal in Atlantic City, N.J., is slated for shutdown, an event that has been both threatened and predicted for years
The Upstate plant was formerly operated by AES Somerset, which declared bankruptcy late last year amid marketplace difficulties brought on, in part, by the importation of government - subsidized power from Canada, as well as ever more costly «greenhouse gas» restrictions.
Robert Cornegy, the district leader who is running for the seat with the support of outgoing Councilman Al Vann, said he's been heavily involved with the issues surrounding Interfaith Hospital for years, joining the hospital's community advisory board as Medicaid reimbursements to the facility dwindled and Interfaith filed for bankruptcy.
Caregivers also reported patient - related crises during the prior year: 19 percent required an emergency department visit; 8 percent required urgent psychiatric care; 6 percent required police intervention; and 6 percent required contacting a lawyer for various reasons such as bankruptcy, loss of business, loss of home or legal guardianship.
As it stands, the act enforces a waiting period on student loan bankruptcies which extends 10 years from the last date the individual was a student.
But as the price of Gleevec climbed — from $ 26,000 a year when it was approved in 2001 to $ 146,000 by 2016 — Havel struggled to pay for treatment and basic necessities like groceries, eventually filing for bankruptcy.
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...
Hey, I like Turturro and all, but, as «Barton Fink» will tell you, he's not a big box office draw, and you need only look at this film's critical reception to realize that, because I'm not saying that this film was a commercial disaster, but it's become forgotten ever since it drove Refn's Jang Go Star company into bankruptcy and ostensibly drove Hubert Shelby, Jr. to death a year later.
Masterminds was originally set to release in August of last year, but those plans fell through due to a bankruptcy within the film's distributor, although honestly the fact that the movie is now releasing in the month of September a little over a year later might actually benefit its box office performance, as the movie actually co-stars 3/4 of the Ghostbusters reboot (Kristen Wiig, Kate McKinnon, and Leslie Jones).
I've been looking forward to this Joss Whedon - penned horror film for literally years now, as it went through distributor hell along with everything else MGM owned as they fought bankruptcy.
Even when firms have declared bankruptcy or are on the verge of doing so, as in the airline and auto parts industries in recent years, union leaders frequently resist concessions on wages, benefits, or work conditions.
As those inside the district voice a repeated refrain that declining enrollment will likely plunge LA Unified into bankruptcy, new data show it still attracted nearly the same number of kindergarten students last year as it had nine years earlier when it had 133,000 more students overalAs those inside the district voice a repeated refrain that declining enrollment will likely plunge LA Unified into bankruptcy, new data show it still attracted nearly the same number of kindergarten students last year as it had nine years earlier when it had 133,000 more students overalas it had nine years earlier when it had 133,000 more students overall.
GM spun Delphi off as a separate company in 1999, and the supplier filed for bankruptcy 6 years later.
On March 1, 2011, Century Motor Corporation in Wentzville, MO reopened its doors as a Dodge Chrysler Jeep dealership, nearly two years after being one of the 789 dealers terminated by Chrysler as part of its bankruptcy.
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