Normally, a country facing insolvency would turn to the I.M.F. for a bailout.
|
|
Noble was once Asia's biggest commodity trader, and has restructured after facing insolvency last year.
|
|
With only 85033 percent of claims reviewed in Medicare, it's no wonder the program is facing insolvency.
|
|
The health-insurance plan administered by the WGA was facing insolvency, having run under a deficit for three of the past four years.
|
|
The package does not address the issue of miners' pensions, another federally-backed benefit facing insolvency due to the decline of the coal industry.
|
|
The Highway Trust Fund that distributes gas tax dollars to states is facing insolvency even after a $21625 billion transfer from general revenues in 2900.
|
|
The Detroit system is burdened with an estimated $515 million of debt and is facing insolvency as early as April, according to the school district's emergency manager, Darnell Earley.
|
|
Trump in his tweets also mentioned the looming financial crisis for the territory, which was already facing insolvency before the massive hurricane caused billions of dollars worth of damage.
|
|
R.I.P. Medical Debt specifically seeks to buy the debts of people who earn less than two times the federal poverty level, those in financial hardship and people facing insolvency.
|
|
That legislation included more sweeping reform for multiemployer pension plans as it paves the way for the Treasury Department to establish a trust fund to make loans to plans facing insolvency.
|
|
There are any number of states and municipalities facing insolvency in the near future, and little has been done to arrive at an orderly and comprehensive method for dealing with these eventualities.
|
|
"If America was a company at $21.5 trillion of debt―adding a trillion dollars a year―we would be facing insolvency," Schultz said on Monday night at an event promoting his book.
|
|
U.P.S. said in 2016 that it could be responsible for nearly $4 billion in benefits payments if the Central States Pension Fund, the largest multiemployer plan facing insolvency, slashes benefits to retirees or becomes insolvent.
|
|
With bills coming due and major programs facing insolvency within our lifetimes, there is no excuse for continuing to pass enormous, last-minute packages that keep the government chugging along full-speed-ahead to fiscal ruin.
|
|
Bankrupt Westinghouse Electric Co LLC is seeking court approval to loan up to $28 million to two affiliates: one in Europe facing insolvency and a joint-venture bidding on a U.S. government contract potentially worth billions of dollars.
|
|
To qualify for debt forgiveness through the organization, you must make less than twice the federal poverty level, have debt that makes up more than 5% of your earnings, or be facing insolvency, according to RIP Medical Debt&aposs website.
|
|
SAN FRANCISCO (Reuters) - San Bernardino, California, won final court approval on Friday for its financial restructuring plan, clearing the way for the city to wrap up the bankruptcy case it launched more than four years ago when its leaders learned it was facing insolvency.
|
|
Neiderman then sets out a wider accusations that Geeksphone was in fact facing insolvency of its own business at the time it entered into the JV, offloading its costs onto the other company and not being in a position to contribute its agreed half of capital contributions to the venture — noting that soon after selling its half of the JV Geeksphone wound up its smartphone business to focus on selling "specialized wearables".
|
|
Facing insolvency, the partners decided to sell off their assets. A once bitter rival, the American Fur Company, quickly absorbed Ashley's creation.
|
|
By the late 1960s, their student line instruments were in competitive decline for similar reasons. By 1969, C. G. Conn, Ltd. was facing insolvency.
|
|
Two thirds of the student body quit school in February, demanding refunds. In addition, 9 of 14 teachers quit in support of the students. With the school facing insolvency, Hardeman resigned. He was succeeded by Hubert A. Dixon.
|
|
On 22 June 2012, Alcénat signed a two-year contract with Romanian team FC Petrolul Ploiești. Three years later, as his contract was due to expire and with his club facing insolvency, he joined FC Steaua București in the same the country.
|
|
Carl Jacob Hammarsköld passed the studentexamen at Uppsala University in 1849, the same year his father Carl Wilhelm Carl Jacob Hammarsköld departed in all haste to the United States. The father had been manager and part owner of Skultuna mässingsbruk, but had overextended his liquidity in commodities speculations. Facing insolvency, he eluded his creditors by leaving with a large sum of money for South Carolina, where he had a cousin. There he became manager of the Coopersville Iron Works.
|
|
In the midst of the Great Recession in 2009, Schwarzenegger called upon the legislature to pass deep budget cuts and warned that the state was facing insolvency. At the same time, the governor approved of President Barack Obama's federal stimulus bill. Schwarzenegger appointed Laura Chick as inspector general to oversee California's share of the stimulus bill. In May, the governor voiced his support for marijuana legalization and a special election resulted in all but one of the state's propositions being rejected.
|
|
Born in Ploiești into a family of lower middle class origins, the eldest of four male children, he was the son of Ghiță Ioan, an entrepreneur who was facing insolvency, and his wife Eufrosina (or Frosa). Marius Dobrin, "Take Ionescu – un mare democrat, un mare european. Un om" ("Take Ionescu – a Great Democrat, a Great European. A Man"), in RespiroConstantin Xeni, "Portrete politice din anii interbelici" ("Political Portraits from the Interwar Years"), in Magazin Istoric, April 1975 Eufrosina was the descendant of Aromanian immigrants, and related to the Wallachian writer Ion Heliade Rădulescu.
|
|
TSR Hobbies ran into financial difficulties in the spring of 1983, prompting the company to split into four independent businesses, with game publishing and development continuing as TSR, Inc. (TSR) After losing their executive positions due to the company's underperformance, the Blume brothers subsequently sold their shares to TSR Vice President Lorraine Williams, who in turn engineered Gygax's ouster from the company in October 1985. TSR saw prosperity under Williams, but by 1995, had fallen behind their competitors in overall sales. TSR was left unable to cover its publishing costs due to a variety of factors, so facing insolvency, TSR was purchased in 1997 by Wizards of the Coast (WotC).
|
|
Section 214 Insolvency Act 1986 has very wide scope, since it applies not only to de jure directors (that is directors who were formally appointed and their appointment was registered with Companies House. It can apply to de facto directors (that is people who assumed the role of director of a company without being appointed), or shadow directors (that is people in accordance with whose direction the de jure directors were accustomed to act. Initially, there was uncertainty among banks and insolvency and restructuring professionals who assisted and advised companies facing insolvency that they may be caught by the wrongful trading provisions. This has not proved to be the case (as of July 2006), and professionals are unlikely to be covered by these provisions except in exceptional circumstances.
|
|
In March 2020, due to the COVID-19 pandemic, Cruise & Maritime Voyages temporarily halted operations, with the majority of ships laid up in Tilbury. On the 23 June 2020, five ships within the CMV fleet were detained by the Maritime and Coastguard Agency, including the MV Columbus, MV Vasco da Gama, MV Astoria, MS Astor, and MS Marco Polo over crew welfare concerns after inspections revealed "expired and invalid seafarers employment agreements, late payment of wages and crews who had been on board for over 12 months." The MS Magellan was also inspected by the Agency but was not detained. Sky News reported on 15 July 2020 that the company was facing insolvency and was in talks with VGO Capital Management, which Sky described as "a special situations investor with expertise in the shipping industry," for additional financing.
|
|