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187 Sentences With "facing bankruptcy"

How to use facing bankruptcy in a sentence? Find typical usage patterns (collocations)/phrases/context for "facing bankruptcy" and check conjugation/comparative form for "facing bankruptcy". Mastering all the usages of "facing bankruptcy" from sentence examples published by news publications.

Typically, when any entity is facing bankruptcy, an appointed judge acts as an arbiter.
He forced smaller refineries to choose between selling out to him or facing bankruptcy.
Then, in 1966, he was injured in a road accident and, unable to practice, was facing bankruptcy.
He also worried that, thanks to 15 minutes' worth of severe weather, some growers might be facing bankruptcy.
Adelanto was facing bankruptcy and needed revenue to run the local schools, police department and other community services.
That's why it's not surprising when you hear about a star facing bankruptcy after blowing through their millions.
Just over a month later, WeWork had gone from a highly valued startup to a company facing bankruptcy.
With its label facing bankruptcy, "Would You Believe" was shelved and only about 100 copies were ever produced.
Almost every week we seem to hear of a beloved brand — once seen as formidable — that's facing bankruptcy.
Facing bankruptcy, it was put into state-run administration in April 26.3622, causing a crisis that toppled Croatia's ruling coalition.
The massive California utility is facing bankruptcy after its alleged part in helping spark a wave of historic wildfires in California.
Sears, once the world's largest retailer, is now facing bankruptcy — and may file as soon as this week, according to reports.
With a wife, four young children and $22007 million in debt, Pissios was facing bankruptcy and an eviction from his home.
The Takada family commands a stake of around 60 percent in the auto parts maker, which is facing bankruptcy over the crisis.
Before reaching restructuring agreements on the bulk of its debt last year, the company controlled by businessman Igor Zyuzin was facing bankruptcy.
The swaps may have helped buy the company more time before facing bankruptcy, but did not save it in the long run.
He supported tweaking it to make it a little less harmful to those facing bankruptcy, and the changes allowed it to pass.
To make matters worse, the Iraqi government is facing bankruptcy as a result of war expenses and the collapse in oil prices.
The bill would "take away the last shred of protection" from families facing bankruptcy, Warren warned Biden during that 2005 Senate hearing.
A day after Tesla CEO Elon Musk's April Fools' joke that the company was facing bankruptcy, its shares lost $224 billion in value.
In 2000, after Dong-Ah, a Korean company facing bankruptcy, claimed to have found the ship, the company's stock soared by over 40 percent.
Luckily, while facing bankruptcy, we closed an additional $7.5 million and the company became profitable — but not without a lot of pain and torment.
With businesses facing bankruptcy, schools closed and sports events canceled, President Trump and others have now asked: Is the cure worse than the disease?
Facing bankruptcy in 2700, for instance, the Weinstein Company sold rights to 19793 older films to Goldman Sachs and an insurance company, Assured Guaranty.
Afikuyomi says the likelihood of this happening to African airlines, especially airlines like South Africa Airways already facing bankruptcy challenges to stay afloat is high.
India's aviation sector is facing turmoil with one of its biggest private carriers, Jet Airways, facing bankruptcy, while passenger growth in the market overall has slowed.
Most airlines could be facing bankruptcy, airports in the US and UK are worried about their future, and a huge proportion of flights have been canceled.
Facing bankruptcy, and furious at the dismissive, preemptory attitudes of Stark's functionaries, Toomes decides to keep the tech he's already salvaged, and go into business for himself.
But the firm, facing bankruptcy, missed deadlines for months, and has left the state with nearly half of the project left to complete and an unfinished highway.
Many of the power producers are now facing bankruptcy and legal disputes as many of the new plants they built are working at about 60 percent of capacity.
With ear-piercing mainstay Claire's facing bankruptcy, widespread liquidation, and store closures, I couldn't believe that Studs was the first new take I had seen filling this hole.
The $500 million condo-hotel highrise faced a tumultuous beginning after it was revealed that its lead developer had fled to Toronto after facing bankruptcy fraud and embezzlement charges.
Back in 2007-'08, when General Motors was facing bankruptcy, it was paying 15 cents on the dollar for health care not just for employees but also for retirees.
India, which did not have a formal bankruptcy process until mid-2016, has seen a surge in bankruptcy cases since last year, with over 500 companies currently facing bankruptcy court proceedings.
She has for years been critical of the financial industry, ardently opposing a 2005 law that she believed was too favorable to credit card companies and not helpful enough to Americans facing bankruptcy.
On Friday, the Kingtec Steel Corporation in northwest China's Xinjiang region said it was facing bankruptcy and would be unable to pay off its debts, including a 550 million yuan bond issued in 2013.
The man, named by investigators as Ilya Averyanov, told a radio station during the siege on Wednesday that he had acted in self-defense to stop bailiffs confiscating the factory, which is facing bankruptcy proceedings.
This isn't the first time that Weist has said he's facing bankruptcy problems in light of TanaCon, a disastrous festival set up by YouTube creator Tana Mongeau scheduled to run opposite VidCon in Anaheim, California, this past summer.
Moelis is intimately familiar with high-stress debt situations, from his representation of Trump at a time when Trump companies were facing bankruptcy to representation of Dubai went it was staring down hedge fund creditors in the late 210s.
The report comes amid concerns over the future of brick-and-mortar retailers, with the likes of Sears and Toys 'R' Us facing bankruptcy — although the latter's lenders recently cancelled a bankruptcy auction and plans to revive the brand.
Lenders were drawn to Westinghouse to provide the DIP because of the size of its funding needs, and because, unlike most companies facing bankruptcy with too much debt, it had no other loans or bonds already backed by its collateral.
"I'm now facing bankruptcy," he told Thomson Reuters Foundation, adding that a decision by Betagro to halt business with Thammakaset amid the controversy had forced him to shut his 1.6 million-chicken, three-farm operation and lay off nearly 100 employees.
Mr. Hall went to Jim Wright, then speaker of the House, for help when he was facing bankruptcy — and the cascade of events led to a bailout for Mr. Hall, a congressional ethics investigation and, ultimately, Mr. Wright's resignation as speaker.
Although the Weinstein Company has been facing bankruptcy and struggling to find a buyer, Marchesa and Marchesa Notte, the lower-priced line, are still sold in stores, including Neiman Marcus, Saks Fifth Avenue, Lord & Taylor, Net-a-Porter and Moda Operandi, among others.
Other candidates, though, have begun taking Biden on in interviews on the campaign trail Elizabeth Warren said Biden "was on the side of the credit card companies" because he voted for a law in 2005, which critics say was weighted against families facing bankruptcy.
A U.S. bankruptcy judge on Tuesday deferred a ruling on whether to approve a PG&E plan to pay up to $350 million in bonuses to 10,0.43 employees, saying he wants more details from the California power producer that is facing bankruptcy following last year's wildfires.
SAN FRANCISCO (Reuters) - A U.S. bankruptcy judge on Tuesday deferred a ruling on whether to approve a PG&E Corp plan to pay up to $350 million in bonuses to 10,0.43 employees, saying he wants more details from the California power producer that is facing bankruptcy following last year's wildfires.
"We are … considering four bills that expand Medicare benefits as this important program is facing bankruptcy and have no responsible way to pay for them," said Kevin Brady, R-Texas, in his opening remarks during a hearing on the bills in a recent House Ways and Means Committee, where he is the lead Republican.
"PM demotes Blais- Grenier and Murta". Toronto Star, August 20, 1985. Late in 1985, he promised to work with agriculture minister John Wise to introduce new provisions to help farmers facing bankruptcy,"Farm bankruptcy changes promised". Toronto Star, November 10, 1985.
Avala Film Facing Bankruptcy . Pravda Belgrade, 16 February 2011. After the Breakup of Yugoslavia, the studio was partially privatized and 51% of its shares were sold to a company called Yugoexport, while the rest were retained by Avala Film's management.Hollywood, the Serbian Way. novosti.
In 1952, Mt Baker Plywood, one of his clients, was facing bankruptcy. Orloff signed on as general manager and successfully turned the company around. In 1959 he bought the Aberdeen Plywood Co., in Aberdeen, Washington. As the CEO of Aberdeen Plywood and Veneers Inc.
Jenna Gregory, "Miquita Oliver Files for bankruptcy", Marie Claire, 3 February 2012."Miquita Oliver facing bankruptcy over unpaid tax bill", Newsbeat, BBC Radio 1, 2 February 2012. In December 2013 she presented the programme Young, British and Broke: The Truth about Payday Loans on BBC Three.
In 1982, FC Utrecht was facing bankruptcy and were willing to sell Van Breukelen in order to raise funds. Initially, there was no sign of a transfer and he played two matches in the 1982–83 season. But in September, Van Breukelen was eventually signed by Nottingham Forest.
By 1983, Leisure Dynamics was facing bankruptcy. Their engineer William Selzer, the designer of the "Babe Bee" .049 aircraft engine, joined with a local businessman to purchase the Cox company. The new company, Aeromil Engineering Company, changed the name of the company from Cox Company to Cox Hobbies, Incorporated, in 1984.
Bayley's financial mismanagement, or perhaps embezzlement, led to Trigg eventually facing bankruptcy court. Facing past creditors and the humiliation of insolvency, Trigg and his family left the state, eventually settling in Henley Beach, South Australia. Trigg died on 4 November 1919 following a horse and buggy accident in Springton, South Australia.
D&C; were facing bankruptcy if they were not paid. Mrs Rees phoned up to complain that the work was bad, and refused to pay more than £300. D&C; reluctantly accepted and took a receipt marked ‘in completion of account’. After that, they consulted their solicitors and sued for the balance.
The once honest cop Namdev Mane (Sunil Shetty) ( pronounced as Maa-ne ) teams up with Carlos' girlfriend Sania (Celina Jaitly) who is on the lookout for hidden diamonds and facing bankruptcy - Carlos himself - as they face off in one of the most hilarious stand-offs to seek wealth and to fulfill their individual dreams.
As a player, Mancini would often give team talks at half-time. Towards the end of his playing career he became an assistant to Sven-Göran Eriksson at Lazio. His first manager role was at a cash-stricken Fiorentina at only 35 years old. He won a Coppa Italia there, but left with the team facing bankruptcy.
Shortly afterwards, T. W. Graham and George Scrimgeour secured a pre-emption of , the first on the North Shore of the Burrard Inlet. They proceeded to build a mill and named it The Pioneer Mills. This consequently initiated an influx of residents. However, with the mill facing bankruptcy, an American by the name of Sewell Prescott Moody bought it.
All were Alitalia employees caught on camera and most were charged with aggravated theft and damage. In late 2013, facing bankruptcy, the loss of a major fuel supplier, and a possible grounding by Italy's civil aviation authority, the airline announced a €500 million rescue package which included a €75 million investment by the Italian state-owned postal operator.
FC 01 Bamberg facing bankruptcy, the basketball division split to form a new club: TTL Basketball Bamberg. TTL stands for Tapeten-Teppichboden-Land, which is a wallpaper and carpet company. It was the first time the team name had reflected the name of its main sponsor. From 1995, the team was called TTL uniVersa Bamberg after uniVersa Versicherungen, an insurance company.
The company started to experience financial difficulties in 1891. The situation was made more difficult in 1892 when Britain declared the Sultanate of Zanzibar part of the Congo Free Trade Zone and thus depriving the company of import duties.History of Kenya On 1 July 1895, the British government took over the administration of this area when the company was facing bankruptcy.
The club previously co-owned the facility with Bayern Munich, but sold its 50% share on 28 April 2006 to help resolve a serious financial crisis that saw TSV facing bankruptcy. On 12 July 2017, Bayern Munich announced the termination of 1860 Munich's rental agreement for Allianz Arena. 1860 Munich will return to their previous ground for the 2017–2018 season.
Bouaouzan was sentenced to a conditional six months in jail.Rechter veroordeelt Sparta-voetballer Rachid Bouaouzan voor zware mishandeling Niels Kokmeijer - Juridisch Dagblad In April 2008 the highest Dutch court confirmed this. Furthermore, this led him facing bankruptcy after the court ordered him to pay compensation to Kokmeijer. Bouaouzan later reflected on his action, saying that he never injured anyone consciously.
Hayes was a notable early figure in the history of the Otago region of New Zealand. After facing bankruptcy in Australia in the late 1850s, he sailed to Otago in 1862 (at the time the region was the center of a gold rush). He travelled the region with a travelling company of vaudeville artists on a tour of New Zealand. In January 1863 they arrived at Arrowtown.
In 1939, Astaire and Rogers made The Story of Vernon and Irene Castle. It was the end of their partnership for ten years. Despite several successful films, RKO was facing bankruptcy. Due to the high cost and low profit of the most recent Astaire- Rogers vehicles, along with the stars' mutual desire to branch out, RKO announced the end of the on-screen partnership.
In 1882, Canadian Pacific transmitted its first commercial telegram over telegraph lines they had erected alongside its tracks, breaking Western Union's monopoly. Great North Western Telegraph, facing bankruptcy, was taken over in 1915 by Canadian Northern. By the end of World War II, Canadians communicated by telephone, more than any other country. In 1967 the CP and CN networks were merged to form CNCP Telecommunications.
It had previously won several Australian Toy of the Year and Wheel Toy of the Year awards. In the 1970s that company was facing bankruptcy and was taken over by another British company. In the late 1980s the toys were being manufactured offshore, but it was returned to Australian ownership when purchased by Hunter Toyline Pty Ltd (Now Hunter Leisure Pty Ltd) in 1992.
In 1879 Howard brought suit in federal court questioning the use of state scrip in payment of state debts. The court ruled that the scrip had no legal value. The Democrat, unable to satisfy its creditors and facing bankruptcy, was sold to a consortium, consisting of Burke, Howard, and others. Hearsey left the Democrat to become the editor-publisher of the New Orleans Daily States.
PledgeMusic was an online direct-to-fan music platform, launched in August 2009. It was started to facilitate musicians looking to pre-sell, market, and distribute projects; such as recordings and concerts. It bore similarities to other artist payment platforms as ArtistShare, Kickstarter, Indiegogo, Patreon, RocketHub and Sellaband. The company announced it was facing bankruptcy in May 2019, after a year of artists reporting slow payment problems.
Organic fertilizer is used on the pasture and no injected rBGH is used to treat milk cows. However, Trantham has not sought official organic certification. Before perfecting the grass-fed pasture system, Trantham operated as a traditional, high-volume dairy relying on chemical fertilizers and heavy grain feeding. Despite state awards for milk production, Trantham's farm was losing money and he was facing bankruptcy.
Some 60,000 people were estimated to have died in the famine of 1756, and with the domain facing bankruptcy, Toshikatsu was forced to appeal for assistance from the central government. Toshikatsu’s eldest son Toshinori was disinherited in 1774 after fighting with shogunate officials, and later went into the priesthood. He adopted Nanbu Toshimasa, the hatamoto sixth son of Nanbu Toshimi as his heir and died in 1780.
Later, Willy and Colette had an affair unbeknownst to each other with the same woman, the American socialite Georgie Raoul-Duval, née Urquhart. Upon discovery, they made it a threesome and attended the Bayreuth festival together. The marriage to Colette lasted until 1910, although they separated in 1906. While Willy made a lot of money, he squandered it with ease on women and gambling and was facing bankruptcy.
The Blizzard is a 1923 Swedish drama film directed by Mauritz Stiller, starring Einar Hanson, Mary Johnson, Pauline Brunius and Hugo Björne. The film's original Swedish title is Gunnar Hedes saga, which means "The story of Gunnar Hede". The narrative revolves a student who tries to save his family's mansion which is facing bankruptcy. The film is loosely based on the Selma Lagerlöf novel The Tale of a Manor.
This created a massive over-production, followed by a crash in bicycle prices. Despite this competition, Overman held firm to its $100 bicycle prices, which hurt sales. By December 1897, the company, facing bankruptcy, was in debt for over a half-million dollars, their shops closed, and hundreds of employees were thrown out of work. Creditors extended a last- minute effort to revive the company on January 1, 1898.
The Fresnel lenses were made by the Louis Sautter Company of Paris and installed by specialist workmen from France. The most powerful (second-order) lenses were used at Point Clark, Chantry, Cove and Nottawasaga Island. Due to the high costs and delays, Brown was facing bankruptcy by 1857, and petitioned the provincial government for assistance. Presumably, the government responded favourably, since Brown remained in business until his death.
Other textile companies also opened in the early 1900s and continued to be successful until the late 1940s, when they began to decline. Dominion Woolens, for example, was facing bankruptcy by 1959 and was sold to Silknit, which eventually closed the plant in 1984. Other industry was still quite successful and by 1969, Hespeler's population was 6,000. The town was also home to the Hespeler Hockey Stick Co. since 1905.
The director of photography was S. Fattelal and the cast included Ansuya, Balasaheb Yadav, Ganpat Bakre and Zunzarrao Pawar. The film, based on the Maratha King Shivaji's Senapati (Commander-in- Chief) Netaji Palkar, and his struggle to save his kingdom, is cited to have made a great "impact" on Marathi Cinema. According to Garga, the commercial success of the film helped save the Maharashtra Film Company from facing bankruptcy.
Off stage, Charlie romances Cathy, which creates animosity with Joe. After the two men repeatedly clash and Charlie is accused of holding back a customer's lost wallet that Joe was accused of stealing, Charlie leaves to star in the much better financed show of rival carnival producer Harry Carver. Once again, he is a great success. However, when Charlie learns that Maggie is facing bankruptcy, he returns to her carnival.
In 1932 Dave Frisch sold his interest in Stag Lunch and opened his own Frisch's Café. Frisch's Café was a success and in 1938 a second location opened, this one across from the Stag Lunch in Norwood. However, Frisch couldn't meet expenses of the Norwood restaurant and facing bankruptcy, both cafés closed in 1938. Fred Cornuelle, a local businessman counseled Frisch and provided money for a new restaurant.
Zackham is the creator and executive producer of the FX drama series Lights Out, about a former heavyweight champion facing bankruptcy and Alzheimer's disease. He wrote Riverside, a 2007 television pilot, a coming of age semi-autobiographical drama about five men and a girl in their late 20s who have been friends since childhood and who struggle to maintain their tight-knit group in the face of adulthood.
Unbeknownst to The Cherry Slush, their label was facing bankruptcy and on the verge of shutting down. "Day Don't Come" was met with a positive response in the Michigan area, but USA filed for bankruptcy soon after its release. It stalled any record sales for the new single and for "I Cannot Stop You". The band was demoralized from losing their chance at any continued success on the national scale.
However, on 21 April 2011, JoWooD announced that, unable to negotiate with potential investors, they were officially facing bankruptcy proceedings and had withdrawn their application for a recapitalization plan. In June 2011, JoWooD Entertainment all their assets and its subsidiary, Quantic Lab, was acquired by Nordic Games. From this point on, JoWooD was no longer operating. All activities of the two companies were taken over by Nordic Games.
Frank eventually persuaded him to come down to talk, promising that if he felt the same afterwards, he would bring him back and not stop him from taking his own life. Roy agreed and the two of them went to a strip club and ordered a couple of brandies. Roy continued to explain the reason for his depression. He had been conned in a car deal and was facing bankruptcy.
With the help of family and a bank loan from the Crédit Lyonnais, Pinault started his first business in 1963 as a wood-trading company. The business grew strongly. His group bought several companies facing bankruptcy, in particular Chapelle Darblay, and relaunched them.Thomas Kamm, Pinault's Empire Grows, Adding Stake in Christie's, Wsj.com, 7 May 1998 On 25 October 1988, Pinault SA was taken public in the Paris stock exchange.
Their underwear was known for having the words "Change Daily" printed on the label. In April 2001, the Joe Boxer brand, which was facing bankruptcy, was sold to Windsong Allegiance in exchange for the assumption of existing debt. Bill Sweedler, CEO of Windsong, took over as CEO, retaining Nicholas Graham in an advisory role. Iconix bought Joe Boxer in 2005, making it a wholly owned subsidiary of Iconix Brand Group.
With the bill putting the promotion in a proverbial chokehold, the outlook for the future of the promotion seemed bleak. But in November 2000, ECW was facing bankruptcy, and JAPW had plans to put on a show called "South Philly Invasion." JAPW was planning to go back to their roots, but once again politics from Pennsylvania State Athletic Commission put a quick stop to it and prevented the show from moving forward.
The Fresnel lenses were made by the Louis Sautter Company of Paris and installed by specialist workmen from France. The most powerful (second- order) lenses were used at Point Clark, Chantry, Cove and Nottawasaga Island. Cove Island tower and keeper's dwelling Consequently, Brown was facing bankruptcy by 1857, and petitioned the provincial government for assistance. Presumably, the government responded favorably since he completed all six and remained in business until his death.
The Royal Rumble originally aired on the USA cable networks the first year before finally transitioning to pay-per-view in subsequent years. The NWA responded by creating Clash of the Champions on TBS to compete against WrestleMania IV. The WWF also became an international success at this time. By 1988, Jim Crockett Promotions was facing bankruptcy. JCP’s ambition to have NWA compete directly with the WWF led to more detriment than success.
Markets lost confidence in the national economy. Facing bankruptcy in 2010, Greece signed three Memorandums otherwise known as bailout agreements in a failed effort to stabilise the economy. Greece received economic aid from three international creditors – the European Union, the European Central Bank, and the International Monetary Fund in 2010, 2012, and 2015 respectively. The conditions of structural reform and austerity measures meant that income, pensions, unemployment, savings, and other economic factors were all impacted.
Corporate transactional events generally fit into three categories: distressed securities, risk arbitrage, and special situations. Distressed securities include such events as restructurings, recapitalizations, and bankruptcies. A distressed securities investment strategy involves investing in the bonds or loans of companies facing bankruptcy or severe financial distress, when these bonds or loans are being traded at a discount to their value. Hedge fund managers pursuing the distressed debt investment strategy aim to capitalize on depressed bond prices.
He was arrested again in September 1994 for possession. Facing bankruptcy, the Marquess sold most of the contents of Ickworth House at auction in March 1994 for £2.3 million. He sold the remaining lease on the house back to the National Trust in April 1998, moving into Little Horringer Hall, a small house on the grounds. On 9 January 1999, he complained of a stomach ache and dizziness, and spent most of the day in bed.
Beardmore's various companies became unprofitable in the post-WW1 slump, resulting in the company facing bankruptcy. Financial aid initially came from Vickers Limited, which took a 60 per cent stake in Beardmores, before pulling out in the late 1920s. Beardmore himself was removed from executive control of his company by the Bank of England. Most of Beardmore's various businesses were wound down over the next few years until Beardmore's retirement and death in 1936, although some persisted.
The Midland Railway was founded in 1915 by George M. Brinson. The railroad had planned to build a line from Savannah to Stevens Crossing, Georgia, USA to connect with the Georgia and Florida Railway. By the start of 1916, the railroad had built from Savannah to Statesboro and later purchased the Savannah, Augusta and Northern Railway to complete the line. In 1922 the railroad was facing bankruptcy and the line from Statesboro to Savannah was abandoned the next year.
The war ended in April, after Texians defeated General Antonio Lopez de Santa Anna at the battle of San Jacinto. For the next three years, Johnson operated a plantation at Johnson's Bluff, along the Trinity River in what is now San Jacinto County. In 1839, facing bankruptcy, Johnson abandoned his family and fled Texas. For the next several years, he wandered the United States, digging for buried treasure or precious metals and trying to sell lands in Texas.
In 1997, 20th Century Fox optioned the rights from Marvel Enterprises, and Chris Columbus was chosen to direct the film. In 1998, Marvel was facing bankruptcy. During this time 20th Century Fox allowed the option to expire, so Disney, who later went to purchase Marvel's rights to all of its property in 2012, began negotiations in order to acquire the rights. In 1999, the negotiations failed to work out so Marvel set the project up with Columbia Pictures.
The league fined Clinkscales, along with ten of his teammates, $5,000 each for poor sportsmanship on the court. They were also suspended indefinitely from the NBL Canada during the investigation. Commenting on the incident, Clinkscales later explained, "We practice hard against each other, we beat each other up, but there's a difference between being physical and dirty and hurting people." The league fined players, coaches, and teams a total of $90,000, and the Rainmen ultimately collapsed after facing bankruptcy.
Chartered in Westchester County in 1895 as the North Mount Vernon Street Railway, building local streetcar lines connecting Mount Vernon, Pelham, Eastchester, and Tuckahoe. Facing bankruptcy, the company was reorganized as the Interurban Street Railway which then leased Metropolitan Street Railway and renamed itself New York City Railways. The company entered receivership in 1908. Ownership of the franchise was directed by John Johnston Railroad Company until 1912 when lines were conveyed to the New York, Westchester & Connecticut Traction.
One day, while Kejora is flying back to Jakarta, her suitcase gets switched up with Erlangga's (Baim Wong), the grandson of Gautama (Mieke Wijaya), a rich, yet very stubborn and needy woman. What Kejora doesn't know is that Erlangga is in fact the boyfriend of Janet, her stepsister. Mr. Ryan on the other hand, is facing a huge financial crisis in his company. He always hides the fact that he is facing bankruptcy from his daughters.
In 1845, his Cincinnati venture, Western Literary Journal and Monthly Magazine, was facing bankruptcy, and he fled from Ohio. In Eddyville, Kentucky, he collected a $600 bounty for single-handedly capturing two murderers. He moved to Nashville, Tennessee, and used the money to start a magazine, Ned Buntline's Own. Judson had a romance with the teenaged wife of Robert Porterfield in Nashville in 1846. On 14 March 1846, Porterfield challenged Judson to a duel, and Judson killed him.
He was back in Italy in 1933, and the government and the Istituto per la Ricostruzione Industriale (IRI) gave him the task of reorganizing Alfa Romeo which was facing bankruptcy. From 1938 he directed the development of a new factory in Alfa Romeo Pomigliano d'Arco plant outside Naples, bombed in 1943.Between two wars from www.museoalfaromeo.com. Back in Milan, he led the company until he was assassinated in Milan on 28 April 1945, immediately after the war.
By March, Julie is facing bankruptcy and having her salon repossessed. While pondering over how to solve her money problems, she catches the eye of brothers Phil and Grant Mitchell (Steve McFadden and Ross Kemp). They both approach Julie but are unaware that they are trying to chat up the same woman — and Julie flirts with them both. Phil manages to secure a date with her first but opts to follow up a business deal and stands Julie up.
He also noted that Parker's handling of Presley's business affairs during his lifetime, including the decision to sell off past royalties to RCA for $5.4 million in 1973, was "unethical" and poorly handled. During a second, more detailed investigation, Tual discovered that all earnings were paid directly to the Trust instead of Parker. By this time, with the IRS demanding almost $15 million in taxes, the estate was facing bankruptcy. On August 14, 1981, Judge Evans ordered EPE to sue Parker for mismanagement.
He also must consider whether Karin loves him or whether she is a spy for the Russians. Lady Virginia, the ex-wife of Sir Giles, is facing bankruptcy because she does not know how to wisely manage her money. She seems certain to lose about everything until she is introduced to a wealthy, but gullible, man from Louisiana, Cyrus T. Grant III. Lady Virginia cooks up a scheme to force Grant to pay her a generous monthly sum for years to come.
That year, facing bankruptcy due to business reversals, he moved to Worcester, where he first worked on an addition to the old Worcester State Lunatic Asylum. In 1847 he and Phineas Ball, a civil engineer, decided to take an office together in the old Central Exchange Building on Main Street. At this time he established himself as solely an architect. In 1848 he partnered with Lewis E. Joy, as Boyden & Joy.Bancroft, James H. "History of the Central Exchange From 1804 to 1896".
320 UCI was formed in January 1919. Many of the company's productions were historical films which attempted to re-capture the success of pre-war films which were often set in Ancient Rome. The company suffered a major blow in 1921 when its leading financial backer the Banca Italiana di Sconto went bust. UCI was already facing bankruptcy during the production of the big-budget epic Quo Vadis (1924), the financial failure of which led to the collapse of the company by 1926.
The 2014–15 season was Parma Football Club's sixth consecutive season back in Serie A after having been promoted from Serie B at the end of the 2008–09 season. The team competed in Serie A and the Coppa Italia. Parma were relegated at the end of the season, facing bankruptcy and finishing 20th, having been in 20th place for the greater part of the season. The 2014–15 season was thus the last in which Parma F.C. competed as an organisation.
As described in a film magazine, Angela Deming (Mason), a daughter of wealth who seeks to postpone love indefinitely, is sought in marriage by Joseph Whitely (Stanley), capitalist, Eliot Slade (Carewe), idle rich, and William Hanley (Jones), just a boy. She keeps them all at bay until she accidentally learns that her father is facing bankruptcy. Without his knowledge she marries Whitely at once, realizing after the ceremony that she loves him. Hanley, believing himself justified, tells Whitely that she married him for his money.
The Cincinnati Kelly's Killers were a response by the American Association to fill the void that the Cincinnati Reds had left when the club vacated the league after the 1889 season and again before the 1891 season. The Reds played in the National League for the 1890 season but were losing money and facing bankruptcy. Reds' ownership sold the club to Players' League investor Albert Johnson. Johnson then withdrew his newly acquired Reds club and moved them to the Players' League for the 1891 season.
On July 9, 2010, the Science Fiction and Fantasy Writers of America (SFWA) placed Night Shade Books on probation after it admitted to, and apologized to authors for, contractual irregularities. On November 30, 2011, SFWA lifted the probation based on good behavior during the probationary period. However, an investigation was reopened when further complaints were submitted to SFWA the following year. Once Night Shade Books indicated that it was possibly facing bankruptcy, SFWA subsequently delisted Night Shade Books as a qualifying market around April 2013.
On 4 August 2006, the Evening Standard reported that the Cheeky Girls were "at rock bottom" and facing bankruptcy action in court owing to not having been paid by their now-defunct record company, Telstar Records. The article said that the women owed £4,500 in unpaid taxes, along with other bills, and that Telstar owed them £2.2 million. Later, it was reported that they owed £130,000 in total. In September 2009, the act released their Cheeky Girls make-up range, aimed at the young teen market.
The club continued to enjoy domestic success throughout the 70s and 80s, despite the rise of the so-called New Firm of Aberdeen and Dundee United. Celtic won the league and cup double in 1988, their Centenary Year. The team's fortunes went into decline in the early 1990s, with the family dynasties that had run Celtic since its formation struggling to cope with the increasing commercialisation of football. In March 1994, with Celtic facing bankruptcy, Canadian-based businessman Fergus McCann took control of the club.
As soon as 2018, the unmanned store bubble started to pop in China, with many stores closing and facing bankruptcy. The online retailer JD.com had announced 5,000 virtual shelves in July 2018, but retracted from this engagement 6 months later. One reason for the rapid downfall of unmanned stores is the failure of the pioneering stores to create an authentic "just-walk-out" experience, which killed the convenience of shopping there. While the focus was on technology, many stores neglected the customer experience aspect of their shops.
He subsequently served as Chairman of Huaneng Fine Coal Company, a division of the state-owned power company China Huaneng Group, and was later promoted to Chairman of Huaneng Group. In 1995, Xiao was appointed Chairman of the newly created state-owned coal company Shenhua Group, which originated from Huaneng Fine Coal Company. Han Ying, a former Vice Minister of Coal Industry, was appointed President. The duo worked for three years to get Shenhua up and running, while many Chinese state-owned enterprises were suffering from losses or facing bankruptcy.
Doctor Charles Marks sitting in his horsedrawn vehicle outside Brisbane Hospital, circa 1890 Charles Marks was appointed to the Queensland Legislative Council on 8 November 1888. Although a lifetime appointment, he resigned on 6 January 1892, as he was facing bankruptcy proceedings in relation to the RubyAnna sugar company of which he was a partner. However, he was able to satisfy his creditors and was reappointed to the Council approximately two months later on 11 March 1892. He then remained on the Council until it was abolished on 23 March 1922.
By the early 21st century the Kiefer was acting almost entirely as a public health facility, dispensing free vaccinations. With the City of Detroit was facing bankruptcy, the mayor, David Bing, decided that the one million dollar maintenance cost of the aging building could not be afforded. Bing closed the hospital, transferring its public health services to a private nonprofit which operated throughout the city from neighborhood facilities. Under Mayor Mike Duggan The Detroit Health Department was reformed under the leadership of Dr. Abdul El-Sayed and now operates essential local public health services.
To keep himself from facing bankruptcy or becoming broke, and also to help pay for large bills (£21,000 worth) he acquired in March 1841, he sold off much of his land, his shares and his ships. He also mortgaged a town house for £6,000. To make matters worse (financially), Spark's baby was born in April 1841, which meant that he had to support two other people as well as himself. Finally, having had to sell all of his assets to pay for his many debts, Alexander Spark became officially insolvent in 1844.
Facing bankruptcy, Barbe-Nicole took a business gamble: she decided to send her champagne to Russia, when peace returned ahead of her competitors. While the war's naval blockades paralyzed commercial shipping, Madame Clicquot and Louis Bohne secretly planned to sneak a boat through the blockade to Russia. Russians used to love the kind of champagne she was making: a very sweet champagne that contained about double the amount of sugar in today's sweet dessert wines. She knew that European courts would celebrate the defeat of Napoleon as soon as his wars ended.
Most of the steam locomotives and other railroad equipment at Steamtown NHS were originally collected by F. Nelson Blount, a millionaire seafood processor from New England. In 1964, Blount established a non-profit organization, the Steamtown Foundation, to operate Steamtown, U.S.A., a steam railroad museum and excursion business in Bellows Falls, Vermont. In 1984, the foundation moved Steamtown to Scranton, conceived of as urban redevelopment and funded in part by the city. But the museum failed to attract the expected 200,000 to 400,000 annual visitors, and within two years was facing bankruptcy.
Despite increased office space, New York Central Railroad found itself facing bankruptcy in 1967 because of continued decline in railroad use. Pennsylvania Railroad found itself in a similar position after the offices that were built following the demolition of Pennsylvania Station were no longer bringing the company sufficient income. In 1968, New York Central Railroad merged with Pennsylvania Railroad to create the Penn Central Railroad company. The newly formed Penn Central began to look into updating the uses of the Grand Central Terminal to increase revenue and save the company from financial straits.
When Oliver Whynacht and his brother Jackie return home for their estranged father's funeral, Oliver is surprised to find out that he has inherited his father's estate which includes a funeral home. Shortly after arriving Henry, the handyman tells Oliver that the funeral home is facing bankruptcy. A stressed Oliver goes out for a night of drinking with Roberta Knickel after which he hits and kills a hiker with his truck. Roberta, who is both the local coroner and funeral home embalmer, helps Oliver stage the body so that it appears like an accident.
While Dutton focused on coaching the team, the Americans were facing bankruptcy. Heavily in debt, team owner Bill Dwyer turned to Dutton who lent him $20,000 to allow the team to continue operating. When the NHL finally forced Dwyer out and took over ownership of the franchise, the league asked Dutton to take over management of the team. Though the ownerless team was written off by the press and labeled as being "orphans", Dutton built an Americans team in 1937–38 that finished with a 19–18–11 record.
In 1999, the BSDI employees sought an initial public offering and installed a new president to reach this goal as soon as possible given the recent success of the Red Hat IPO in the Linux market. Unfortunately, this strategy was not successful and soon after Rob Kolstad had exited the company, it was facing bankruptcy. In 2000 the company merged with Walnut Creek CDROM, a distributor of freeware and open source software on CD-ROM and shortly after that acquired Telenet System Solutions, Inc., an Internet infrastructure server supplier.
In 1982, Wexner acquired the lingerie business Victoria's Secret. Started as an MBA project by Stanford graduate Roy Raymond, Victoria's Secret attracted Wexner's interest due to the unique, high quality merchandise and Victorian-era decor of the shop which featured red-velvet sofas. Wexner described Raymond as "very guarded" stating "When I met him, it was as if he met the devil." Six months later, when Raymond was facing bankruptcy, he contacted Wexner and offered to sell Victoria's Secret. Wexner bought the company for $1m and by the 1990s it was worth an estimated $1bn.
In the early morning of 18 July 1978, Birgo was sailing in good weather from Sauda to Duisburg with a cargo of ferrosilicon. The owner of the shipping company was also on board the ship. About northwest of Norheimsøy Island in the Nedstrandfjord the ship's owner deliberately opened a bottom valve and burned holes in the hull with a cutting torch. The ship's machinist discovered the sabotage and confronted the owner but agreed to remain silent after being told that the company was facing bankruptcy and that scuttling the ship was necessary to save jobs.
McCann acquired a 51% controlling stake in the Celtic Football and Athletic Company Ltd. in 1994 for £9.5m, after it became clear that the club was facing bankruptcy. Acting as a guarantor for the club's £7 million debt, he injected additional finance, floated the club on the London Stock Exchange as a public limited company, Celtic plc, in order to raise capital from a share issue, and oversaw an extensive redevelopment of Celtic Park. He raised £14m in a share issue, and that contributed to funding the rebuilding work of the team and the stadium.
Restored CN Telegraph counter on display at the Saskatchewan Railway Museum CN Telegraph originated as the Great North West Telegraph Company in 1880 to connect Ontario and Manitoba and became a subsidiary of Western Union in 1881. In 1915, facing bankruptcy, GNWTC was acquired by the Canadian Northern Railway's telegraph company. When Canadian Northern was nationalized in 1918 and amalgamated into Canadian National Railways in 1921, its telegraph arm was renamed the Canadian National Telegraph Company. CN Telegraphs began co- operating with its Canadian Pacific-owned rival CPR Telegraphs in the 1930s, sharing telegraph networks and co-founding a teleprinter system in 1957.
248 He was tried at Belfast Crown Court in 1989, and sentenced to ten years in prison.Roger Cook, More dangerous ground, p.126 While in the Maze prison, Sayers studied to become a legal clerk.Ciaran McGuigan, "Taxing times for ex-UDA thug", Sunday Life, 3 December 2006 He was released in 1999, and gained employment at Taylor & Co solicitors in Belfast.John Cassidy, "The Ex- Crook Report", Sunday Mirror, 19 December 1999 In this role, he worked on legal cases for Johnny Adair, but his employer lost his licence to practice law in 2003, while facing bankruptcy proceedings.
1982 Imperial 1981–1983 Imperial rear styling The early 1980s Imperial was an attempt to reinvent the Imperial as a personal luxury car and flagship vehicle in Chrysler's lineup. This came about after Lee Iacocca took the helm at Chrysler, as he had been instrumental in creating the successful Continental Mark series for this market while he was at Ford in the late 1960s. Although the company was facing bankruptcy, Iacocca decided that "a new flagship would assure the public that Chrysler had a future." During the design of the car it was intended to be named Chrysler LaScala.
Passenger trains stopped in town for 10 minutes to take on water, or for a fee of $1.00 roundtrip from Denver, passengers could take the train to Palmer Lake for a day of picnicking, fishing, and boating or hiking. Dr. William Finley Thompson purchased land and plotted the town of Palmer Lake in 1882, intending it as a health resort & vacation community. Thompson was an oral surgeon originally from Randolph, Ohio, who practiced in the Midwest and in London. He built the Queen Anne Victorian mansion Estemere in 1887 for his family, but by 1890 was facing bankruptcy and fled from his creditors.
Another common experience Favorite Brands shared with the travails which Brach's had endured was the loss of a well-known brand name; Favorite Brands was to lose the 'Kraft' name on its packaging effective October 1997. In addition, Favorite Brands' products were facing ever- increasing competition from competitors such as Brach's, including in the heretofore high-margin Fruit Snack and Gummi product lines. As cash balances dwindled, Texas Pacific Group was asked to contribute additional funds for operations. It was not until 1998, three years after the formation of Favorite Brands and facing bankruptcy, that 12 surplus distribution centers were closed.
Mayor R. Brown realizes that Franklin City is facing bankruptcy due to profligate spending on his part. Brown plots with his Chief of Staff to raise money for the town budget and his upcoming gubernatorial campaign by shutting down Jellystone Park and opening the land to logging. To save the park, park rangers Smith and Jones, with help from Smith's love interest Rachel Johnson, hold a centennial festival and fireworks show in an attempt to sell season passes. To sabotage the effort, Brown promises Jones the position of head ranger if the funds are not raised.
After the move, Steamtown continued to operate in Scranton but failed to attract the expected 200,000–400,000 visitors. Within two years the tourist attraction was facing bankruptcy, and more pieces of the collection were sold to pay off debt. In 1986, the United States House of Representatives, under the urging of Pennsylvania Representative Joseph M. McDade, voted to approve $8 million to study the collection and to begin the process of making it a National Historic Site. As a result, the National Park Service (NPS) conducted historical research on the equipment that remained in the Foundation's possession.
When Scranton agreed to take on Steamtown, U.S.A., it was estimated that the museum and excursion business would attract 200,000 to 400,000 visitors to the city every year. In anticipation of this economic boon, the city and a private developer spent $13 million to renovate the Delaware, Lackawanna and Western Railroad (DL&W;) station and transform it into a Hilton hotel, at a time when the unemployment rate in the city was 13 percent. Only 60,000 visitors showed up at Steamtown in 1987, and the 1988 excursions were canceled. After only three years, it was $2.2 million in debt and facing bankruptcy.
When Stephen Dexter (Brian Aherne), boss of Dexter Cement, competes with the giants in his industry, they strike back by threatening to get an injunction against him the next day and tie up his business if he will not cooperate. Facing bankruptcy, he still refuses to give in. Van Horn (Robert Benchley), his lawyer and longtime friend, suggests he get married that day and transfer all his assets to his new wife to get around the injunction. Stephen wants to marry his current girlfriend, blonde Phyllis Walden (Virginia Bruce), but his second in command, Kendal Browning (Rosalind Russell), has other ideas.
Stagecoach was in crisis – facing bankruptcy and potential closure. During the three-year management agreement with ACTR, Stagecoach’s debt was paid off, it regained its status as the regional Medicaid Non-Emergency Medical trip provider, general public services were expanded, and community impact nearly doubled (from 61,400 rides in 2014 to nearly 112,600 in 2019). ACTR also benefitted by gaining shared staff, operational efficiencies and cost savings, and a deeper organizational foundation. In 2017, with the management agreement set to expire, the two Boards of Directors recognized the two agencies were stronger together than apart and Tri-Valley Transit was born.
Cuckney had gained a reputation as a "the company doctor who never lost a patient" following his involvement with the Mersey Docks and Harbour Board, Crown Agents, and John Brown. His appointment in 1985 as chairman of Westland, when the company was facing bankruptcy, saw him become involved in the 1985–1986 Westland affair, a political scandal for Margaret Thatcher's Conservative Party government. Cuckney, with Thatcher, favoured a merger with the American company Sikorsky, while the Secretary of State for Defence Michael Heseltine favoured a European merger. The American option prevailed, and the affair led to Heseltine's resignation.
1988: As the war with Iran ends, an unstable Uday fires a gun in a Baghdad nightclub. Meanwhile, Saddam declares victory over Iran, even though Iraq has suffered heavy losses and is facing bankruptcy; the Iraqi economy is also being hampered by Kuwait, which is over-producing oil and driving down its price. Sajida learns that Saddam has married Samira as a second wife, and blames his trusted valet, Kamel Hana Gegeo, for assisting their affair. Uday almost kills the valet for the sake of his mother's honour, sparing him only so that he can control him when he succeeds his father.
Episcopal Divinity School, 19th century The Episcopal Divinity School (EDS) was founded in 1974 by combining the Episcopal Theological School (ETS) and the Philadelphia Divinity School (PDS). Both institutions were facing bankruptcy at the time and by basing the new school on ETS' campus and otherwise combining resources the new institution was able to ensure a modicum of financial stability. The Philadelphia Divinity School was founded in Philadelphia in 1857 as the Divinity School of the Protestant Episcopal Church by Alonzo Potter, Bishop of Pennsylvania. The Episcopal Theological School was founded in Cambridge, Massachusetts, in 1867 by Boston businessman Benjamin Tyler Reed.
With Long Branch, Alderwood was originally part of Col Sam Smith's land. In 1850, Archibald Cameron purchased four farm lots of this land comprising most of the area that is now Alderwood; he built his home 'Ashfield' on what is now Beta Street. In 1874 Archibald Cameron was facing bankruptcy and sold his farm lots to Daniel Horner, who later served as a prominent member of Etobicoke Township's Council; Horner Avenue is named after him. The naming of Alderwood's main street was a hotly debated issue in the early community between the Brown and O'Connor families; today it is called Brown's Line.
The rail line the trail follows now was built by Halifax and South Western Railway (H&SW;) in 1904 to service towns along the South Shore. In 1906, H&SW; merged with Canadian Northern Railway and in 1918, facing bankruptcy, was acquired by the federal government and placed under the control of the newly formed Canadian National Railways (CN). In 1969, CN ended passenger service along the line. In 1993, the tracks along which the trail runs today were abandonedHalifax and South Western Railway and in 1997, the property was given to the provincial Department of Natural Resources at no cost.
However, in 2003 Yukos ran afoul of the Russian authorities and was required to pay billions of dollars in taxes. Facing bankruptcy, Yukos began to sell off its assets, including Mažeikių Nafta.Baltic lessons for EU in dealing with a resurgent Russia, Financial Times, (November 24, 2006). Several potential buyers from Russia, Kazakhstan and Poland showed interest in acquiring the refinery, whose majority stakeholder was now Yukos International, a Yukos syndicate.PKN Orlen Acquired Mazeikiu Nafta , Mažeikių Nafta company website (news, 15-12-2006) After several months of talks the proposal from Polish company PKN Orlen was found most lucrative and chosen.
Eventually, Warlock, an independent record label, issued a debut single, "Ode to a Forgetful Mind", in 1989, but it went unnoticed. The record label that released the single in the United Kingdom, Gee Street Records, found greater success. Gee Street mixed and marketed the song so that it earned considerable attention from music reviewers, and P.M. Dawn found themselves courted not just by Gee Street's head, Jon Baker, but also by most of the major UK record labels. Gee Street brought the brothers to London in 1990 to record tracks for an album; however, the label found itself facing bankruptcy during the recording.
Together, they also published a pamphlet describing an incident in which German mercenaries had flogged British soldiers for mutiny; as a result Hansard was imprisoned on 9 July 1810 in King's Bench Prison for libel. In 1812, facing bankruptcy, Cobbett sold the publication to Hansard, who continued to publish it for the rest of his life. In 1829, he added his own name to the parliamentary proceedings, giving it the title Hansard that it bears to this day. TC Hansard was the author of Typographia, an Historical Sketch of the Origin and Progress of the Art of Printing (1825).
She was also paid less than many of the supporting "farceurs" billed beneath her, in spite of her much more central role in the films' great financial successes. This was personally grating to her and had effects upon her relationships at RKO, especially with director Mark Sandrich, whose purported disrespect of Rogers prompted a sharp letter of reprimand from producer Pandro Berman, which she deemed important enough to publish in her autobiography. Rogers fought hard for her contract and salary rights and for better films and scripts. After 15 months apart and with RKO facing bankruptcy, the studio paired Fred and Ginger for another movie titled Carefree, but it lost money.
Joss later returned with Tom, who warned her that she was at risk of being charged as an accessory, and was all set to have her hauled off in handcuffs when Dan turned himself in. While the police waited for an extradition request, Riley begged Tom to listen to Dan's story, a story that firmly pointed the finger at Terry. Even after Terry was found with the robbery weapon and proceeds, Tom refused to release Dan, leading to Chris angrily calling him out for having changed for the worse. In 2005, Riley found herself facing bankruptcy after she surprised a late night intruder in the bar.
The rail line the trail follows now was built by Halifax and South Western Railway (H&SW;) in 1904 to service towns along the South Shore. In 1906, H&SW; merged with Canadian Northern Railway and in 1918, facing bankruptcy, was acquired by the federal government and placed under the control of the newly-formed Canadian National Railways (CN). In 1969, CN ended passenger service along the line. In 1993, after being proven to be uneconomical to keep running, the section of track west of the modern trail's route was shut down, leaving only a section of rail between Lakeside Industrial Park and CN's Fairview rail yard.
Kelp harvesting (and burning) became one of the principle economic activities of the population of South Uist, but when the wars ended, competition from imported barilla resulted in the kelp price collapsing. In 1837, facing bankruptcy, Ranald sold South Uist to Lt. Colonel John Gordon of Cluny. Already accustomed to treating people as slaves, and seeing the financial advantages to livestock farming, Gordon was ruthless, evicting the population with short notice. On 11 August 1851, he demanded that everyone in South Uist attend a public meeting at Lochboisdale; according to an eyewitness, he dragged the attendees from the meeting, sometimes in handcuffs, and threw then onto waiting ships, like cattle.
Unknown to Gene, Sally is facing bankruptcy and needs to find a way to save the radio station. Knowing that Mr. Thornton (Ivan Miller), the tractor company owner, would sign a contract with her station if Gene would promote his product, Sally and her kid brother Johnny secretly broadcast Gene's show under the sponsorship of Thornton Farming Equipment. After hearing the broadcast and the audience reaction, Thornton agrees to give Sally an advance for Gene's upcoming shows, thereby saving the radion station. Later she tells Gene that if he signs a general contract with her, he would make enough money to offset his poor horse sales.
During the Fifth Oscar Special, Mark got locked tight into a standard diving dress while doing an impression of Richard Dreyfuss character in the Jaws movie and had to be hospitalized for asphyxiation. Tim returns from the trial free from prison but facing a civil suit from one of the families of the Electric Sun 19. His assets, including On Cinema and Decker, are being seized and he claims he might soon be facing bankruptcy. After threatening to commit suicide and with help from his attorney Mark Dwyer, Tim manages to convince the Delgado family to let him try to earn money for them with his various assets.
League president Chris Marsicano stated "Restaurants, taverns, bars, and supper clubs did not cause this pandemic, but they are systematically facing bankruptcy, closure, and economic ruin".Tavern League sues to end statewide limits on mass gatherings Judge John M. Yackel subsequently ordered a temporary restraining order halting the order. The order was set to limit gatherings to 25% capacity at restaurants, taverns and supper clubs.Judge halts public gatherings order in Tavern League lawsuit, Brown County leaders looking at their options A few days later, Judge James Babler of Barron County reinstated the order stating "Plaintiffs and interveners have not shown that they are entitled to a temporary injunction".
However, Excite@Home declared Chapter 11 bankruptcy in 2001 and its 1,350 employees were laid off."Excite@Home files for bankruptcy" In 2000, Pine joined Handspring, a tech start-up founded by the original inventors of the Palm Pilot, who were unhappy with management by 3Com, which had acquired Palm Pilot in 1997. Handspring developed the Visor line of PDAs until 2001 and the Treo line of smartphones starting in 2002. Facing bankruptcy and rapidly losing market share"What's in the cards for Handspring?" to its competitors, Handspring was re-acquired by Palm, Inc in 2003, now operating as a publicly traded company independent of 3Com.
Literary merits aside, however, producing the Subscribers' Edition had left Lawrence facing bankruptcy. He was forced to undertake an even more stringent pruning to produce a version for sale to the general public: this was the 1927 Revolt in the Desert, a work of some 130,000 words: "an abridgement of an abridgement," remarked George Bernard Shaw, not without disdain. Nevertheless, it received wide acclaim by the public and critics alike, the vast majority of whom had never seen or read the unabridged Subscribers' Edition. After the 1926 release of the Subscribers' Edition, Lawrence stated that no further issue of Seven Pillars would be made during his lifetime.
He had planned to run for Governor of Pennsylvania in the 2010 election, but ultimately did not in order to repurchase the Wolf Organization, which was facing bankruptcy. Wolf continued to serve as an executive in The Wolf Organization until his election as governor. He served as chairman and chief executive officer until stepping down from the latter position in December 2013 to focus on his gubernatorial campaign and from the board altogether in December 2014 following his election. Wolf serves as chair of the York County United Way, the York County Community Foundation, the York College board of trustees, and as chairman of the York County Chamber of Commerce.
However, with the oil glut that continued into 2016, about a third of oil companies are facing bankruptcy. While investors were aware that there was a risk that the operator might declare bankruptcy, they felt protected because "they had come in at the 'bank' level, where there was a senior claim on the assets [and] they could get their capital returned." A classic example of taking on too much risk through hedging is the 1982 collapse of Penn Square Bank caused by plummeting of the price of oil in 1981. Penn Square Bank had lent too much to exploration and production (E&P;) operators.
After a civil suit in 1999 that reached the Queensland Court of Appeal in 2000, involving disgruntled former One Nation member Terry Sharples and a finding of fraud when registering One Nation as a political party,. Hanson was facing bankruptcy. She made an appeal to supporters for donations. On 20 August 2003, a jury in the District Court of Queensland convicted Hanson and David Ettridge of electoral fraud. Both Hanson and Ettridge were sentenced to three years imprisonment for falsely claiming that 500 members of the Pauline Hanson Support Movement were members of the political organisation Pauline Hanson's One Nation to register that organisation in Queensland as a political party and apply for electoral funding.
On October 8, 2010, the company holding the mortgage on Zinck's Dartmouth house, Credit Union Atlantic, stated that it intended to foreclose after Zinck stopped making payments. At the same time, Scott Marshall, a disabled man suffering from cerebral palsy who had hired Zinck to be his caregiver, alleged that Zinck fraudulently ran up a $9,000 bill on his Visa card playing online poker. Marshall said he was facing bankruptcy as a result. In response to Marshall's accusation, Zinck claimed that he was the victim of a smear campaign organized by the provincial NDP party, alleging that Marshall's mother had received payment from the party to come forward about his gambling issues, an allegation which was never proven.
The 1970s were a period of dynamic change for American railroads, as many were facing bankruptcy in the face of shifting traffic patterns and increased labor and fuel costs. Unprofitable branch lines were abandoned or sold, and many railroad companies sought merger partners in order to avoid bankruptcy. Nowhere was this more apparent than in the industrial Northeast (known colloquially as the "Rust Belt") where competing railroads sought to reduce redundant routes and modernize their physical plants. With this rapid modernization, many historic pieces of vintage railroad equipment were scrapped, though a great many more were saved, thanks to the rise in railfan activity and the development and support of the railway preservation movement.
Hanfi started the financial sector reforms in 1987. He introduced a system of treasury bills auctions and foreign exchange reforms, including the relaxation and dismantling of controls; however, the most important was the handling of the BCCI crisis and privatization of the financial sector. Hanfi faced pressure from international liquidators as well as Ministry of Finance (on international pressure) regarding the BCCI crisis, but Pakistan became the only country where depositors at BCCI were fully repaid. Hanfi was adamant that BCCI Pakistan was locally incorporated and as per the Articles any assets of the bank would be handed over to international liquidator only if the local bank is facing bankruptcy and all local depositors have been paid off.
The MetLife Building was completed in 1963 above Grand Central Terminal. In 1947, over 65 million people traveled through Grand Central, an all-time high. The station's decline came soon afterward with the beginning of the Jet Age and the construction of the Interstate Highway System. There were multiple proposals to alter the terminal, including several replacing the station building with a skyscraper; none of the plans were carried out. Though the main building site was not redeveloped, the Pan Am Building (now the MetLife Building) was erected just to the north, opening in 1963. In 1968, New York Central, facing bankruptcy, merged with the Pennsylvania Railroad to form the Penn Central Railroad.
In March 2019, GAZ Group asked the Government of Russia to provide sum of $468 million for the support. According to Oleg Deripaska's statements of April 2019, because of sanctions the risk of facing bankruptcy for GAZ Group has grown significantly, and the collapse would involve up 400,000 workers losing their jobs, including all the companies which are supplied by GAZ. US sanctions placed on Deripaska could cut production but almost 40% in the second half of that year. In order to make US lift sanctions from other Deripaska's enterprises as Rusal, En+ and Evrosibenergo, Deripaska decreased his share in those companies and let foreign citizens, including EU countries and USA citizens, enter the Board of Directors.
With loan losses mounting and the fall of Lehman Brothers on September 15, 2008, a major panic broke out on the inter-bank loan market. There was the equivalent of a bank run on the shadow banking system, resulting in many large and well established investment banks and commercial banks in the United States and Europe suffering huge losses and even facing bankruptcy, resulting in massive public financial assistance (government bailouts). The global recession that followed resulted in a sharp drop in international trade, rising unemployment and slumping commodity prices. Several economists predicted that recovery might not appear until 2011 and that the recession would be the worst since the Great Depression of the 1930s.
With Liberty Media facing bankruptcy in November 2001, the Feminist Majority Foundation purchased the magazine, dismissed Gillespie and staff, and moved editorial headquarters from New York to Los Angeles. Formerly bimonthly, the magazine has since published quarterly. Ms. Magazine's 35th anniversary edition showcasing Wonder Woman on the front cover In 2005, under editor-in-chief Elaine Lafferty, Ms. was nominated for a National Magazine Award for Martha Mendoza's article "Between a Woman and Her Doctor". Despite this success, Lafferty left the magazine after only two years following various disagreements including the editorial direction on a cover story on Desperate Housewives, and a perceived generation gap towards third-wave feminists and grunge, a genre that Lafferty had trashed as being opposed to feminism.
The line was bedevilled by financial problems and was facing bankruptcy when the South Eastern Railway, which had received the Royal Assent in 1844, agreed to take it over, operating it in isolation from their own line. Invicta by now was virtually useless and horse traction was being used. When the South Eastern Railway's own network eventually reached Canterbury in 1846, it decided to convert the line for use with its own locomotives throughout, after upgrading the track using standard rails of . Under George Stephenson's influence, the track had been built to standard gauge, but the loading gauge was small, the height of Tyler Hill Tunnel being only and the South Eastern locomotives were modified with shorter chimneys and lowered boilers.
Although the whole family was introduced, only Donna and her family reappeared in subsequent episodes. Ray was not mentioned again in the show, and the third season episode "Running Scared" dealt with Kimble and Donna reuniting to grieve over their father's death. In "The Survivors", Kimble re-establishes contact with Helen's family, the Waverlys, after learning that her father Ed (Lloyd Gough) is facing bankruptcy over medical bills for his wife Edith (Ruth White), who has developed a heart condition by obsessively clinging to Helen's memory and listening to phonograph records she made before to her death. Kimble visits the family and stays with them, despite Edith's objections, and with help from Helen's sister Terry (Louise Sorel) locates a secret bank account Helen kept for emergencies.
The Fourth Doctor and Romana's holiday in Brighton ends abruptly when K9 chases a ball and takes in seawater and explodes. They instead venture to the Leisure Hive of Argolis, a holiday complex and message of peace built by surviving Argolins after their devastating 20-minute war with the Foamasi forty years earlier. They arrive at a point of crisis: the Leisure Hive is facing bankruptcy (because of falling tourist trade due to stiff competition from other leisure planets) and the Argolins' Earth agent, Brock, and his lawyer Klout have arrived bearing an offer to buy the planet outright. However, the offer is from the Foamasi, the only species that could live on the planet's radiation-infused surface, and the Argolin board will not consider it.
Reconstruction of the castle in 1875, with a temporary bridge across the ditch (left) and the ruined Well Tower (right) The reconstruction of Castell Coch was delayed until 1875, because of the demands of work at Cardiff Castle and an unfounded concern by the Marquess's trustees that he was facing bankruptcy. On commencement, the Kitchen Tower, Hall Block and shell wall were rebuilt first, followed by the Well Tower and the Gatehouse, and the Keep Tower last. Burges's drawings for the proposed rebuilding survive at the Bute seat of Mount Stuart. The drawings were supplemented by a large number of wooden and plaster models, from smaller pieces to full-size models of furniture. The bulk of the external work was complete by the end of 1879.
Dolin remained as Artistic Director until 1962, succeeded by John Gilpin, who was also principal dancer with the Company from 1950 to 1960 and 1962 to 1971. The Company grew in size and status, undertaking extensive national and international tours, presenting a new generation of dancers—all while repeatedly facing bankruptcy. Braunsweg left in 1965 and Donald Albery took over until 1968, stabilising the budget with safer programming. Former Royal Ballet dancer Beryl Grey directed the Company (now named London Festival Ballet) from 1968 to 1979, raising technical standards, touring widely and inviting prominent guest stars and choreographers including Leonide Massine and Rudolf Nureyev, who picked ballerina Eva Evdokimova to be his first Princess Aurora in his production of The Sleeping Beauty in 1975.
In September 2015, Zoran Zekić was appointed as the first team head coach. With the club facing bankruptcy, Osijek went into private ownership for the first time in its history in February 2016 with Hungarian oligarch Lőrinc Mészáros and Croatian entrepreneur Ivan Meštrović buying a majority of shares in the club. The duo went about stabilizing the club, improving the squad and bringing back ambition to the city and supporters. Much of the debt was restructured and paid off, securing the short-term and long-term future of Osijek. On 27 February 2017, the club celebrated its 70th anniversary in the Osijek theater. In the 2016–17 season, Osijek finished 4th, which was their highest league finish in nearly 10 years.
The Boeing- supported Lexington Institute stated that the Canadian government support to Bombardier when it was facing bankruptcy in 2015 was intended to save Canadian jobs by sacrificing American jobs and undermining Boeing 737 sales, the most important Boeing product. After it had to cut its price by 70% to beat the CSeries for United Airlines in 2016, Boeing decided to act when the CSeries was offered to Delta at $10 million below its production cost, with the intent of protecting its workers, retirees and shareholders. If Airbus, Bombardier and maybe others can rely on government subsidies, its managers think Boeing could lose its ability to innovate and price its products competitively, thus jeopardizing its long-term survival. Unexpectedly, Boeing action could increase manufacturers concentration and reinforce itself and Airbus market power.
Lee Gordon's only 1963 concert promotion was notable for several reasons - it was to be his last tour before his death, it featured only one major American act (Chubby Checker) and it was the first major Australian inter-city tour by rising young vocal group The Bee Gees. The last few months of Gordon's life remain shrouded in mystery and controversy. In April and May 1963 The Sydney Morning Herald reported Gordon was facing bankruptcy charges, and that during a court hearing in May he testified that he had handled some £15 million over the course of his 25-year promotions career, but the bankruptcy petition against him was reportedly dismissed. In Sydney in June 1963, Gordon was charged with attempting to obtain the drug pethidine without a prescription.
Advocates of major change in the system generally argue that drastic action is necessary because Social Security is facing a crisis. In his 2005 State of the Union speech, President Bush indicated that Social Security was facing "bankruptcy". In his 2006 State of the Union speech, he described entitlement reform (including Social Security) as a "national challenge" that, if not addressed timely, would "present future Congresses with impossible choices – staggering tax increases, immense deficits, or deep cuts in every category of spending".President Bush – 2006 State of the Union Speech A liberal think tank, The Center for Economic and Policy Research, says that "Social Security is more financially sound today than it has been throughout most of its 69-year history" and that Bush's statement should have no credibility.
Castell Coch In 1872, while work at Cardiff Castle was proceeding, Burges presented a scheme for the complete reconstruction of Castell Coch, a ruined thirteenth-century fort on the Bute estate to the north of Cardiff. Burges's report on the possible reconstruction was delivered in 1872 but building was delayed until 1875, in part because of the pressure of works at Cardiff Castle and in part because of an unfounded concern on behalf of the Marquess's trustees that he was facing bankruptcy. The exterior comprises three towers, described by Newman as "almost equal to each other in diameter, [but] arrestingly dissimilar in height." Burges's main inspiration was the work of the almost contemporaneous French architect Eugène Viollet-le- Duc who was undertaking similar restoration and building work for Napoleon III.
Karl runs into Metzger-Willy, an old acquaintance of his, who promises to provide him a Sunday suit and some good shoes. While Karl is at Willy's pompous apartment to fetch the shoes, the police come to the door, and Willy rushes out thru the back entrance, taking Karl's coat with his police badge in its pocket; the police find a storage room with some stolen goods; Karl is temporarily arrested, but released in time for his wedding eve party at the Soleders’. Traudl's mother Adelgunde is upset by the manners and revealing dress of her son Kurt's girlfriend Sara, a Jewish woman from Berlin, and moans about the Jews’ alleged disrespect for her catholic faith when she asks the priest for a dance. #:Meanwhile, the family's music store is failing, with Traudl's father August facing bankruptcy.
He entered Parliament for Essex South in 1874, a seat he held until 1885, and later represented the City of London from 1887 to 1891. Baring also served as a Justice of the Peace for Essex, Middlesex, London and Westminster, was a member of the Royal Commission on Loss of Life at Sea from 1885 to 1887, and the author of among other works Pindar in English Rhyme and The Scheme of Epicurus: A Rendering into English Verse of the Unfinished Poem of Lucretius Entitled, De Rerum Natura. With Barings facing bankruptcy following the Panic of 1890, he returned to business life to help reorganize the partnership as a limited liability company, and served as one of its Managing Directors until his death. Baring married Susan, daughter of Robert Bowne Minturn, of New York City, in 1859.
Having lost control of HKR and facing bankruptcy proceedings, Wong left Hong Kong, in January 1977per Huggins JA, ANSTALT NYBRO (formerly named ANSTALT SORO) v HONG KONG RESORT CO. LTD. CACV45/1978, 16 August 1978 while mooting the establishment of a Pacific Atlantic Bank of Miami and going into the casino business with the Anderson group of whom one Robert B Anderson, of One Rockefeller Plaza, had been a fellow director on the HKR board.US Department of State diplomatic cables, 17 August 1977 The Cha family, better known for running China Dyeing Works Ltd during the 1970s, an international textile group, purchased HKR in May 1977. By 1979 all debts were paid off and work started on the reservoir and the core infrastructure but for a very different sort of project – essentially a residential community offering a relaxed lifestyle.
A Man In Full features a number of point-of-view characters. These include Charles "Cap'm Charlie" Croker, a real estate mogul and member of Atlanta's high society who is suddenly facing bankruptcy; Martha Croker, his first wife, trying to maintain her social standing without her husband; Ray Peepgass, who is trying illegally to capitalize on Croker's fall; Roger "Too White" White II, a prominent black lawyer; and Conrad Hensley, a young man in prison who discovers Stoic philosophy. The novel begins with the characters learning of the rumored rape of a young white heiress by a black superstar athlete, Fareek "The Cannon" Fanon. Though the incident itself is unimportant to the lives of the characters, the potential for the rumor to incite race riots in metropolitan Atlanta has a profound effect on all of their lives.
González started playing professionally at home-based first division Rosario Central in 1997. His success in the club from Rosario (Santa Fé) took him to Fiorentina, a young man in a club facing bankruptcy made things hard for him to settle in Italy, his raw talent was there for all to see it was just the wrong time to be at the club. Early in 2002 El Equi returned to Argentina to play for Boca Juniors, and then a year later he joined his first club, Rosario Central. After half a season (a short championship in Argentina), Ezequiel transferred to Panathinaikos, where he was very much loved by fans of Panathinaikos, he became captain of the team, and helped the club to win the double in 2004, the first title in 7 years, a Greek Cup, and the Greek Championship, all in 2004.
The New York and Harlem Railroad laid tracks through Tuckahoe during the mid-1840s, and evidence of a station in Tuckahoe can be found at least as far back as the 1850s.Tuckahoe History Committee (Village of Tuckahoe: Official Website) 1858 New York and Harlem Railroad Map (I Ride the Harlem Line) The current Tuckahoe station building was originally built in 1901, by the New York Central Railroad, and was given an additional baggage elevator approximately in 1912.Tuckahoe Station (Library of Congress: American Memory) The station continued to serve commuters without much change until the New York Central merged with rival Pennsylvania Railroad to form Penn Central in 1968. As Penn Central was facing bankruptcy, the Metropolitan Transportation Authority began subsidizing service in 1970, and high-level platforms were constructed to accommodate the new M1A electric MU cars being delivered at the time.
In business, a white knight is a friendly investor that acquires a corporation at a fair consideration with the support from the corporation's board of directors and management. This may be during a period while it is facing a hostile acquisition from another potential acquirer (black knight) or it is facing bankruptcy. White knights are preferred by the board of directors (when directors are acting in good faith with regards to the interest of the corporation and its shareholders) and/or management as in most cases as they do not replace the current board or management with a new board, whereas, in most cases, a black knight will seek to replace the current board of directors and/or management with its new board reflective of its net interest in the corporation's equity. The first type, the white knight, refers to the friendly acquirer of a target firm in a hostile takeover attempt by another firm.
According to the Los Angeles Times, by the mid-1980s Hashemi, although maintaining an appearance of wealth (such as commuting to his London office in a gold-trimmed Rolls-Royce) was facing bankruptcy, in part due to major gambling losses sustained in London casinos.Los Angeles Times, 28 December 1986, The Iran Deception : REAGAN'S GREATEST CRISIS : CHAPTER 3 : Enough to Make a Middleman Smile In mid-1985 Hashemi was partnered with Adnan Khashoggi in "World Trade Group", "a joint venture ... that was seeking to trade farm equipment, oil and military weapons with Iran."William C. Rempel and Dan Fisher, Los Angeles Times, 20 December 1986, Larger Israeli Role in Arms Shipments Told : Top Aide to Peres Tried to Help Two Weapons Dealers Get $15 Million in Financing, Sources Say Roy Furmark was also involved.James Traub, New York, 8 February 1987, The Katzenjammer Falcon In June 1985 Hashemi approached William Casey with a new arms-for- hostages plan.
The film tells of a low-life debt collector becomes the main man in his gang through twists and turns where he makes his fellow gang members believe there is a newly returned crime lord coming to take back his territory, when in fact this mystery person is a mere lonely and deranged school teacher. In 2011, Olaf and his producer Kristin Andrea released one documentary called Adequate Beings and two fiction features, City State and Polite People. Adequate Beings is a documentary project focusing on the farming community of Olaf's childhood stomping grounds, Budardalur valley on the west coast of Iceland where small farmers are facing bankruptcy as their old practices are undermined by complex trade regulations and market forces beyond their control, just as is occurring worldwide with the advancement of globalization. It premiered at the Icelandic documentary festival Skjaldborg and was a part of the Icelandic focus at the Reykjavik International Film Festival.
Having moved to Spain in his teens after being born in Chiclayo, Lambayeque Region, Merino played youth football with FC Barcelona (only one year) and RCD Mallorca. He made his senior debuts with the latter's reserves, in Segunda División B. In January 2003, Merino joined Atlético Malagueño, being an important midfielder element as Málaga CF's B-team retained their newly acquired status in Segunda División, with the player having contributed with 20 games and five goals to the promotion (play-offs included). Subsequently, he moved to Switzerland and signed with Servette FC but, with the club facing bankruptcy, left in the following transfer window to Ciudad de Murcia – also in Spain's second level – alongside teammate João Paulo Daniel. Merino was signed by Atromitos F.C. in January 2006, from fellow Superleague Greece side Akratitos FC. In February 2009, after two full seasons and two halves, he changed teams (and countries) again, joining U.S. Salernitana 1919 in Italy.
Hailing from towns around Hopatcong, New Jersey, Hidden in Plain View formed in August 2000, when former 8 over Par members Joe Reo (vocals) and Rob Freeman (guitar/backing vocals) merged with former Jersey Nonsense members Kenny Ryan (guitar) and Chris Amato (bass), as well as Derek Reilly (drums). The name "Hidden in Plain View" refers to a situation at singer Reo's day job in a supermarket, where a customer used the expression after needing help finding a blatantly visible item. With this original line-up, the band recorded a three-track demo and soon got in touch with the local record label DAB Records, who released their now sought after, Chris Badami produced, debut Find in March 2001. With the label facing bankruptcy, and the band substituting Jay Snyder for Reilly (who went on to form Red Light Green Light), Hidden in Plain View were picked up by Note to Self Records in early 2002.
This has funded numerous ineffective and unnecessary external consultancy and advising committees and firms, allowed considerable slippage in state-managed public works, inflated top management and head officers' bonuses and wages, causing a persistent and lasting recruitment policy that has boosted the number of redundant public servants. The economy has also been damaged by risky credit, public debt creation and mismanaged European structural and cohesion funds for almost four decades. Apparently, the Prime Minister Sócrates's cabinet was not able to forecast or prevent any of this when symptoms first appeared in 2005, and later was incapable of doing anything to ameliorate the situation when the country was on the verge of bankruptcy in 2011. Grande investigação DN Conheça o verdadeiro peso do Estado, Diário de Notícias (7 January 2011) On 6 April 2011, having already resigned as Prime Minister, Sócrates went on television to announce that Portugal, facing bankruptcy, would request financial assistance from the IMF (at the time managed by Dominique Strauss-Kahn) and the European Financial Stability Facility, as Greece and the Republic of Ireland had already done.
On 12 March 2013, with the club in severe financial trouble and facing bankruptcy, he moved abroad for the first time in his career, joining Polish Ekstraklasa side Widzew Łódź.Widzew ma nowego piłkarza (Widzew has a new player); Przeglad Sportowy, 12 March 2013 On 24 July, after appearing in only three matches for Widzew, Kramar moved teams and countries again, signing with Enosis Neon Paralimni FC.Denis Kramar zawodnikiem Énossis Néon Paralimníou (Denis Kramar player of Enosis Neon Paralimni); 90 Minut, 24 July 2013 However, on 7 January 2014 he joined Getafe CF, initially assigned to the reserves in Segunda División B.Denis Kramar, nuevo jugador del Getafe B (Denis Kramar, new player of Getafe B); Vavel, 7 February 2014 On 3 February 2015 Kramar joined Australian A-League club Perth Glory FC on a short term injury replacement loan.Perth Glory signs Denis Kramar as short-term replacement for injured Diogo Ferreira; ABC News, 3 February 2015 He made his debut for the club four days later, playing the entire second half and scoring his side's only in a 3–1 home loss against Sydney FC. On 23 January 2016 Kramar signed for Bosnian side FK Sarajevo.
Dieter Leipold was the master brewer at Privatbrauerei Peter in Ostheim, a small town in northern Bavaria, and a relation by marriage of the Kowalsky family, owners of the brewery. Worried about the future of the company, which was facing bankruptcy, he had the idea of producing a nonalcoholic drink by fermentation, on the same principles and under the same purity laws as German beer: the drink would consist only of the natural ingredients malt, water, sugar, and fruit essences, and would not contain corn syrup or other artificial additives. He experimented for eight years in a bathroom laboratory, spending €1.5 million of the brewery owner Peter Kowalsky's money. He isolated a strain of bacteria capable of converting the sugar that normally becomes alcohol into nonalcoholic gluconic acid, which he used to ferment the new drink. Bionade went on sale in 1995, at first in health resorts and fitness centres. It was picked up by Hamburg's largest beverage distributor, Göttsche, in 1998, but was not reaching a broad public. In 1999 Kowalsky hired the marketing expert Wolfgang Blum. Blum devised a new marketing strategy for Bionade.

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