bankruptcy

The trial was one of several linked to what was then Europe's largest case of bankruptcy, and which was dubbed "Europe's Enron" .

Wherever possible the bank should be given priority in claiming the assets of the company after its bankruptcy.

American, the only US legacy airline to have avoided bankruptcy, said rising fuel prices would add $3bn to its annual expenses.

Later in that decade he would pull himself out of bankruptcy by embarking on a lecture tour that took him to Africa and Asia.

Analysts said such a change on the day had not been seen since Lehman Brothers filed for bankruptcy in autumn 2008.

They, at least, should be first in line among the pre-bankruptcy creditors to be paid.

As if that were not bad enough, this week's bankruptcy filing was the airline's [color=#dc143c]second in two years.

GM filed paperwork for its IPO just over a year after emerging from a government-sponsored restructuring in bankruptcy.

In its bankruptcy filing the company said it had assets of about $25bn and liabilities of about $30bn.

Chrysler has hired Jones Day to provide legal counsel for a possible bankruptcy-court filing, according to people familiar with the matter.

Both firms insisted that if they did not get the money, bankruptcy would end up costing the taxpayer a great deal more.

In fact, Countrywide had become a leading purveyor of toxic mortgage products that would take the company to the brink of bankruptcy.

Yet just a week later Tribune filed for bankruptcy, excluding the team from its filing.

As almost everybody agrees, the UK needs a system of deposit insurance and bankruptcy for financial institutions similar to that of the US.

So I think you are going to see increases in bankruptcy. . . at least over the next 12 to 18 months.

If we all decided to take more holidays, the correlation between GDP and all that bankruptcy and misery would be broken.

No one told him the banks were facing bankruptcy and the US an economic shock as severe as any since the Great Crash.

It judged that the system could survive a Lehman bankruptcy and that it had to enforce a limit on the size of its assistance.

Ford has said the debt load now puts it at a disadvantage against GM and Chrysler, which had their obligations cut in bankruptcy.

That deposit may be at any moMe. t withdrawn, and if I had employed it for another purpose, I should bring on Me. a disgraceful bankruptcy.

If the group were to file for Chapter 11 protection, it would be the fourth-largest bankruptcy by assets in the United States.

Then Don Feuerstein, head of Salomon's legal department, and Lipton went off and began to set in motion the wheels of filing for bankruptcy.

Workers are allowed to strike Ford Motor, the only U. S. automaker to avoid bankruptcy and a federal bailout two years ago.

Wagoner hired bankruptcy lawyers and advisers to begin preparing a contingency plan, said people familiar with the matter.

For a while it was such a drain on News Corporation that the parent company came close to bankruptcy.

He claims his contract was with Lehman's US unit, which had not filed for bankruptcy protection.

This can destabilize the bank to the point where it faces bankruptcy.

Prashant Bhatia, Citigroup analyst, cut his rating to "sell" and said there was a significant chance of E*Trade winding up in bankruptcy.

A Lehman spokeswoman said the company was selling all assets as part of Lehman's wind down in bankruptcy.

If GM is split up in a bankruptcy court, this will provide an opening for competitors, many of whom will buy up pieces of the company.

GM will argue it needs the additional government funds to stay out of bankruptcy court, people familiar with the matter said.

Efforts to get information from the firm since the bankruptcy filing have been 'difficult and disappointing, ' he said.

Because Ford is the only one of the three major U. S. automakers to avoid bankruptcy, the company still carries the full burden of its debt.

Despite Solyndra's bankruptcy, the DOE's overall portfolio 'continues to perform well and is on pace to create thousands of jobs, ' he said.

Nevertheless, Chrysler is not out of the woods yet, and there is still the chance the company may be forced to make a bankruptcy filing.

The new version was completed in 2009 and was slated for release last November. MGM's bankruptcy meant there was no budget for promotion.

The company will inevitably face bankruptcy if the bank refuses to give them a loan.

However, another company was facing bankruptcy, for the name of its product implies unfavorable meaning thus cannot be sold out.

Prosecutors said he left Enron because he knew the company was on the brink of bankruptcy.

Petitioning for bankruptcy tends to be the last resort.

If Sea Launch went into bankruptcy, in my opinion, it had nothing to do with the global slowdown.

And, if it turns out that something like bankruptcy is the only answer, it's still not the end of the world.

That is called bankruptcy. Of course, running out of cash is one reason you may not be able to pay your debts.

Nevertheless, the fear of imminent defaults has led some politicians to call for a federal law allowing states to declare bankruptcy.

CIT is working to avoid bankruptcy. Icahn said the company is offering to pay $300 million of fees on the new $6 billion loan.

The authority of an agent may also be terminated by the mental incompetency of the principal or by his bankruptcy.

He said the bankruptcy of Lehman Brothers in September marked a turning point in the functioning of the market system.

It would be much better to have allowed GM and Chrysler several months ago to be reorganized through bankruptcy proceedings.

The Detroit carmaker decided to wind down Saab in early 2009 as it prepared to file for reorganisation in bankruptcy protection in the US.

If a publication distributing entity terminates its operation due to closure of business, revocation, bankruptcy or due to any other reason.

If not, Dynegy may find itself filing for a more traditional sort of bankruptcy.

You really are ignorant if you think the Republicans did not spend this nation into bankruptcy right along with the Democrats.

However, due to our lack of a genuine sense of the bankruptcy restructuring system, only the implementation of Huarong Asset clean-up.

By the end of August, we were ready to return home. Michael's company continued to slide and now may have to file for bankruptcy.

S&P analyst Robert Schulz said the company's various challenges keep bankruptcy risk high.

It was all bound to end in tears, bankruptcy, divorce and the serious battery of his press officer with an aluminium baseball bat.

After that person has been discharged from bankruptcy, he or she is often a good credit risk, since that person has no debt.

By 1494, the bank had been forced to close almost all its branches and was teetering on the edge of bankruptcy.

The company was in a state of disorder after they announced the bankruptcy.

Fund committed to GM's bankruptcy thus far would allow the company to operate only to late August, he said.

I'm trying to fashion some combination, one that allows me to retain my principles without having to file for bankruptcy.

Mr McDonald is far from the only person who believes that the Lehman bankruptcy could have been avoided.

With the euro in peril and the US on the brink of bankruptcy, the west seems to have enough to worry about without fretting about cricket.

To serve as an inspector, liquidator, bankruptcy administrator, or executor of a will, or in any other fiduciary capacity.

The message was the same: The companies' turnarounds remain on track following years of struggle and, for GM, bankruptcy.

The Lehman Brothers bankruptcy on September fifteenth was a shock to the system, but not the only one.

He also indicated he did not believe bankruptcy is an acceptable course of action for any of the companies.

As Obama said, June 1's bankruptcy "will mark the end of an old GM, and the beginning of a new GM. "

Though she was never intended for the stage, the looming bankruptcy of her father obliged her to try her chances.

It was the largest bankruptcy in U. S. history, and now it is shaping up to be the most expensive bankruptcy in U. S. history as well.

A spokesman for MF Global said the firm is cooperating with regulators and the bankruptcy trustee trying to find the missing money.

The bankruptcy of a major bank or an EU member state would be enough to trigger the next global downturn.

In particular, the "bankruptcy bubble" of a year ago is only now starting to bear fruit.

But the taxman is often the creditor who tips a firm into bankruptcy, says Mr Hood.

A few days after the video store chain warned it may have to file for bankruptcy, smartphone maker Palm announced 'disappointing' sales.

Chrysler's bankruptcy sale dragged out for a few days after a group of Indiana pension funds appealed.

Mark has since found a new job but remembers the bankruptcy as one of the most stressful periods of his life.

IN THE Hokkaido town of Yubari, the general hospital was one of the earliest casualties of the municipality's bankruptcy.

Higher interest rates, the bank knows, would push thousands of marginal Chinese companies into at least technical bankruptcy.

"Companies are going to be forced to use bankruptcy as a vehicle to right-size the balance sheet, " he said.

In the aftermath of the Lehman debacle, the decision appears to be that the only alternative to disorderly bankruptcy is none at all.

Athens has no benchmark bond maturing in September and is in no immediate danger of bankruptcy even if it did not get the aid this month.

The bankruptcy filing jeopardizes severance payments awarded to employees over the past year as an inducement to leave their jobs.

So the city chose bankruptcy in the hope that it might be able to restructure some of those pension promises.

In an interview with CNBC last week, Zell said filing for bankruptcy was a "preemptive" move to shore up the company for the future.

He said in a report filed recently in Manhattan bankruptcy court that he has so far recovered more than $1 billion in assets.

Then bankruptcy had come; and as the old man had nothing left but a cart and a horse, and neither family nor children, he had turned carter.

If the debtor takes the initiative, the process is called voluntary bankruptcy; otherwise, it is referred to as involuntary bankruptcy.

With the threat of contracts being torn up in bankruptcy, the United Auto Workers might accept scaled-back staffing and benefits.

The package, which he insists represents the company's last hope of avoiding bankruptcy, depends on existing noteholders agreeing to tender.

Last week, a court declared the bankruptcy of Sanlu, one of the dairy companies at the heart of the scandal.

In Europe, the only option is usually bankruptcy.

Skilling also disputed reports that he had no remorse for his role in the fraud that drove the company to seek bankruptcy protection.

We "had to be sure we could have at least capital neutrality, " he told U. S. Bankruptcy Judge James Peck.

Bear was going for a song, but that was better than bankruptcy, which might have caused global markets to collapse.

Hitherto, AA was the only big American international airline not to seek bankruptcy protection.

The bankruptcy of the company was due to its disorganized management .

Lehman bankruptcy legal document that long list of the Lehman bond holders, I believe that the myth of a few people.

Sanlu in to hear the news of bankruptcy throughout the country hundreds of Sanlu flocked to a dealer.

Reda & Associates. He said non qualified pensions were not protected in case of bankruptcy.

He hit the nail on the head when he mentioned that the company was actually facing the danger of bankruptcy.

The collateral posted by these counterparties is now tied up in the Lehman bankruptcy.

The court also granted final approval to various other interim orders that had been entered at the commencement of the bankruptcy case.

Suntech Power, the parent, said that it was not filing for bankruptcy and would continue to honor warranties on the company's solar panels.

Markets did not completely fall apart after Lehman's bankruptcy, as some had feared, but they were highly agitated.

GM and Chrysler have had bankruptcy attorneys devising plans for such a move in recent months.

This state of affairs could be improved by eliminating the bankruptcy rule known as the "exclusivity" period.

The company landed up in bankruptcy for lack of funds.

it was the American arm of Lehman that was for sale, which Barclays bought out of bankruptcy for, in effect, nothing.

In effect, the company's bankruptcy acted as a loss amplifier, multiplying the scale of the problem by a factor of six.

The bankruptcy proceedings of Sanlu compony leads to the children suffered calculus facing zero compensation.

All that we can hope for is to save the company from complete bankruptcy.

Surely, investors mutter, the LDP remains chummy enough with Japan's nuclear utilities not to let any of them collapse into bankruptcy?

But that perception of strength began to take a hit following the bankruptcy-court filing in September of Lehman Brothers Holdings Inc.

Their plan was to force the property into a bankruptcy that would leave them controlling the equity.

Chrysler has reached a tentative agreement with the United Auto Workers as it tries to stay out of bankruptcy.

BP bled to bankruptcy would not be good for the American government either, scaring off other firms in capital-intensive industries.

As General Motors peers over the brink of the abyss into a future that very likely holds a bankruptcy, the hits just keep coming.

Mr. Icahn said the changes enabled MGM to 'avoid a potentially costly and disruptive bankruptcy process. '

To nobody's surprise, the bondholders are unhappy with their treatment, and appear ready to take their chances in bankruptcy court.

Cynics would tell you that Chrysler's bankruptcy filing was designed to be a role model for the much larger GM filing.

But in one respect at least America remains a beacon for the rest of the world: its treatment of corporate bankruptcy.

The old lady was completely bowled over by the news of the announcement of the bankruptcy of her son's company .

Ford was the only major US automaker not to file for federal bankruptcy protection this year.

They would face financial problems within three years of the grants ending and may have to file for bankruptcy.

His wife was satirizes actually, ridicule poor Shakespeare, Shakespeare's father, bankruptcy.

Still unresolved is whether or not to include changes to bankruptcy law that would give judges the right to change the terms of mortgages.

The Lehman Brothers bankruptcy on September 15th was a shock to the system, but not the only one.

Ireland, hailed as the Celtic Tiger not so long ago, is now struggling to avoid bankruptcy.

This laziness resulted in over 30-years of merchandise trade deficits in most Western countries and the bankruptcy it has now led to.

It was clear that Lehman had three stark choices: find a partner with which to merge, hope for a bailout, or collapse into bankruptcy.

Saab Automobile filed for bankruptcy Monday, a move that could end the company's 60 years of car manufacturing.

The U. S. will no longer be a player when this happens, having been destroyed by natural disaster, corruption and economic bankruptcy.

"What if the child is going through a divorce or bankruptcy? " asks Ms Morgan.

HeTianRan Group said, the SanLu had been decree into the bankruptcy by the local court because of the debtee 's request.

List for readers to keep up-to-date on events affecting credit, debt collections and bankruptcy; hosted by the InterNet Bankruptcy Library.

Or were all those insufferable lectures about "personal responsibility" when the bankruptcy bill was going through just so much claptrap?

Eastman Kodak, the company that invented the hand-held camera, has filed for bankruptcy protection with a US court.

It was a poor consolation that France had been forced to admit its own bankruptcy in the same year.

If it happens, the global economy will plunge into a crisis that will make the 2008 bankruptcy of Lehman Brothers look like a cakewalk.

Suddenly, we learned that Lehman Brothers, one of the pillars of American investment banking, was on the verge of bankruptcy.

GM said in a statement it was committed to completing the transactions as part of its own bankruptcy process.

In her moral bankruptcy, she had met the God whose infinite riches of grace are available to all who know their need.

Step five would be the meltdown of the commercial property market, while step six would be bankruptcy of a large regional or national bank.

The US rightly let Chrysler and General Motors file for bankruptcy before issuing loans to help with a necessary restructuring.

There may be an attempt to file an involuntary bankruptcy petition against the holding company.

Kmart, which had just crawled out of bankruptcy in 2003, had a 300% jump in stock price thanks to Lampert's investment.

His wife had much to do with his bankruptcy.

The U. S. economic crisis ultimately pushed GM into a government-funded bankruptcy.

More than a year after the bankruptcy of Lehman Brothers and the ensuing financial market turbulence, we are at a critical crossroads.

Fifth, China's multinational banks bankruptcy extraterritorial effects of the concept of basic principles.

Just over a year ago, the day Lehman Brothers filed for bankruptcy, the world economy fell off a precipice.

Other communists, though, were much quicker to see not just the practical failures but the bankruptcy of the entire creed.

"This could break backs. This could force economies towards bankruptcy, " he said on a visit to Paris.

The city came perilously close to declaring bankruptcy when its pleas for a rescue by the federal government fell on deaf ears.

Officials made it clear that they couldn't handle the chaos unleashed by Lehman's bankruptcy and that there would be no more collapses.

So far in the bankruptcy, the firm has taken in $356 million, the most of any firm on the roster of professional advisers.

Harvey Miller, a restructuring partner at law firm Weil Gotshal & Manges, is preparing a "traditional" bankruptcy filing for the company.

Meanwhile, Ford has capitalized on its status as the only Detroit car maker to avoid bankruptcy protection.

My liabilities were so large, the bank threatened to take me to bankruptcy court.

Stockholders typically are at the bottom of the list for getting repaid in a bankruptcy case.

An energy company ended up in bankruptcy, exploding our results and reinforcing his preference for bonds.

Goldman Sachs analyst Patrick Archambault also said he believed Ford would avoid bankruptcy.

Simon Property revealed it had made a $10 billion offer for General Growth Properties, a rival which is in bankruptcy protection.

The company is going into bankruptcy proceedings with a total debt of $300m.

'That is the plan, to the extent it comports with the bankruptcy laws, ' said one person familiar with the matter.

Living off benefits and struggling to pay the mortgage, in March 2011 Beatie said he was "desperate" and filed for bankruptcy.

As the recession has deepened , meanwhile, bankruptcy filings are once more approaching 2005 levels, fuelling the credit card meltdown .

A bankruptcy judge will hold a hearing June 30 on a proposed sale of the company's assets -- under what is called a Section 363 sale.

State and local governments remain starved for cash, and a few major municipalities could flirt with bankruptcy this year.

The last time China's economy recorded a decline anywhere close to that magnitude was after the Lehman bankruptcy.

He was able to save the company from bankruptcy.

At least there is now no possibility he will preside over the bankruptcy of a 20th-century American icon.

It was the largest bankruptcy ever in the U. S. , but the really big news was what happened afterwards.

GM allowed Saab to file for reorganization in Sweden in February as it was preparing for its own trip through US bankruptcy proceedings.

In a market economy environment, the bankruptcy law is a judicial framework to solve the disputes between the debtor and its creditors.

Mr. Whitacre, who was brought in as chairman in the summer as part of the company's bankruptcy reorganization, took over as interim CEO.

Charge card payments are, in the main, enforced under the law so are not able to be shed except by bankruptcy.

But now, our bankruptcy system do not apply to a natural person, we have established a corporate bankruptcy system.

Then comes catastrophe and bankruptcy, and a fresh consensus emerges from the debris of the last great party.

And from hope to dire straits, General Motors now is all but certain to file for Chapter 11 bankruptcy Monday.

The greatest sin is self-deception. Life of the most miserable temperament is the inferiority complex. Life's biggest bankruptcy is despair.

Had the government not stepped in, GM might have restructured under normal bankruptcy procedures, without putting public money at risk.

It would be a brave bankruptcy judge who took the decision to liquidate GM and the 250, 000 jobs that would disappear with it.

They had to file for bankruptcy, and that's when Ashley decided that she had to do something to help her mom.

"They've fleeced the desperate, " says one investor, frustrated that CIT did not file for bankruptcy.

The bank of bankruptcy is investigated by the court.

Chrysler filed for bankruptcy protection last week after it failed to win a debt-reduction agreement from some of its creditors.

That's the kind of precedent that sets some of the bankruptcy industry leaders' teeth on edge.

Chrysler's bankruptcy may really have been a trial run for General Motors' somewhat larger and more drawn-out process.

The bankruptcy of the model was then revealed by the collapse of twin stock market and real-estate bubbles and a subsequent banking debacle.

Creditors will have to ask themselves whether that is their best option, given that bankruptcy would wipe out the value of their new shares.

Separate bills have passed House and Senate committees that would try to help the Postal Service avoid bankruptcy.

Henderson has committed himself to doing whatever it takes to fix GM, even if it means going into bankruptcy.

NUMMI was closed in April as GM pulled out of the joint venture as a result of its bankruptcy filing in June 2009.

Bank Bankruptcy laws will protect the company from legal action while it continues operations operations and reorganizes its finances.

GM was able to move out of bankruptcy more quickly than many analysts had predicted.

As the auctioneer called out bids, in New York one of the oldest banks on Wall Street, Lehman Brothers, filed for bankruptcy.

America's enlightened attitude to corporate bankruptcy is designed to put economic resources back to productive use as quickly as possible.

Meanwhile, GM and the U. S. autos task force worked through the weekend on a restructuring expected to send the automaker into bankruptcy.

Hungary was the first European Union member state to receive international financing to avoid bankruptcy during the global credit crunch.

Mr. Bush said he is concerned about how an uncontrolled bankruptcy could affect the psychology of financial markets.

If GM's bankruptcy goes as smoothly as the government plans, GM will emerge from Chapter 11 in two or three months a much leaner company.

A bankruptcy filing for Bear Stearns -- with its nearly 400 different subsidiaries -- would be immensely complicated.

Article 7 Where a debtor is unable to discharge a matured liability, a creditor may apply for the debtor to be declared bankruptcy.

When the firm declared bankruptcy much of the firm's debt or other obligations were sold at deep discounts as the market panicked.

After the bankruptcy of Lehman Brothers nearly a year ago, lending to banks and companies pretty much stopped.

Borders filed for bankruptcy protection in February and continued to bleed cash as it raced, unsuccessfully, to find a buyer.

Stores were closed, franchisees filed for bankruptcy and sales continued to fall.

Almost a year after it filed for bankruptcy, the value of Lehman Brothers shares has soared amid a surge in trading activity.

General Motors, this extraordinary technology was a symbol of American automotive manufacturing giant, has declared bankruptcy.

At least, don't make lies to the extent of destroying all your credibility and putting yourself to moral bankruptcy.

She quit her job to attend MIT just a couple of weeks before Lehman's September bankruptcy filing.

The collapse of General Motors into bankruptcy is only the latest chapter in a long story of mismanagement and decline.

A bank bankruptcy may be troublesome if it triggers other failures and damages the whole payments and credit system.

Owing to his error in calculation, bankruptcy of his enterprise seems inescapable.

The auto companies said they would never have come out of bankruptcy, but they weren't exactly impartial observers.

After losing money for two years, the company declared bankruptcy.

The market changed and I lost everything through a bankruptcy, corporate takeover and divorce.

Lehman Brothers, which has filed for bankruptcy, had been one of Simpson Thacher's top five or six clients annually.

Bankruptcy laws will protect the company from legal action valid while it continues operations and reorganizes its finances.

Almost a year after its bankruptcy, the value of Lehman Brothers shares has soared amid a surge in trading activity.

Either we impose a credible threat of bankruptcy, or institutions we have to support are made safer, or, better, we have both of these.

The shareholder enjoys priority in drawing dividend and securing compensation in case of bankruptcy and liquidation of the enterprise.

If you buy distressed, leveraged, out-of-favour companies on the verge of bankruptcy, hoping for a turnround, you are using leverage.

Both Chrysler, the smallest of the "Big Three" , and the larger General Motors (GM), ended up in the government's hands (via bankruptcy).

Young said GM is continuing to simultaneously prepare for bankruptcy as well as its preferred option of restructuring out of court.

GM has been forced to put its European operations up for sale amid looming bankruptcy proceedings.

To the subject of the market, bankruptcy legal system is an important mean of withdrawing from the market successfully and safely.

If he's always reading about the potential bankruptcy of Chrysler, he's not going to rush out and buy one of our cars.

General Motors is reportedly preparing for the worst, with work under way to get the company ready for a possible bankruptcy.

Sanlu stopped milk production in September. A bankruptcy petition for the company has now been filed, Xinhua said.

Bankruptcy laws will protect the company from legal action while it continues operations and reorganizes its finances.

a bankruptcy code section that applies to a corporation going out of business which may require restructuring.

However, the debtor or the debtor law because a bankruptcy petition has happened a year ago for reasons made claims except.

The company, which denies the allegations, declared bankruptcy in the wake of the investigation.

If the deal is approved by the US bankruptcy court, this will be the first purchase of a major overseas telecoms asset by a Chinese company.

New GM chief Fritz Henderson agreed, saying bankruptcy might be the best alternative.

Time is running out for Chrysler which has until the end of the month to reach a deal that would enable it to avoid bankruptcy.

More than three years have passed since the old-line investment bank Lehman Brothers stunned the financial markets by filing for bankruptcy.

Bankruptcy Law: It's sad, but true: As companies and individuals go bankrupt, they'll need a lawyer to help them work through it all.

The government is expected to announce its final decision this week, with bankruptcy procedures to follow a week later.

What he found was a diminished company, saddled with mediocre products and reputedly only months from bankruptcy.

Even though student loans cannot be discharged through personal bankruptcy, default rates have been high.

Lehman Brothers threw the Wall Street storm heavier by their bankruptcy and the American Economy, plunged into the tsunami.

Little did I know its arrival marked the end of one era, just as the bankruptcy of General Motors this week marks the end of another.

A spokesman for the Obama administration said the bankruptcy proceedings are expected to take between 60 and 90 days.

General Motors Corp. is expected to tell the government it needs several billion more or it may have to file for bankruptcy protection.

Bankruptcy of private entrepreneurs purges the system of a deadweight load of debt unsupported by productive assets.

Had it not Been FOR your timely help, our company would have Been on the verge of Bankruptcy.