The French government - which has been helping XL Airways try to find new investors - said in a statement that the airline had stopped payments on Thursday evening and that it would go into receivership on Friday.
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However, Costa cancelled the refit when the ship was due to arrive. This contract cancellation was in part responsible for causing the shipbuilder to go into receivership in April 2001. The constructed section that was built was never added to the ship. It was later sold and demolished for scrap.
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I know that the Government are giving serious consideration to restricting to 5 per cent. the proportion of a total fund that may be invested in the employer company. I would certainly advocate that as a sensible course. It would prevent a pension fund from collapsing should a company go into receivership.
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Torrential rains ruptured the newly constructed levees and dikes and forced the company by 1916 to go into receivership. Fell left Florida for Virginia in 1917.Patterson, Gordon (Summer, 1997). "Ditches and Dreams: Nelson Fell and the Rise of Fellsmere", The Florida Historical Quarterly, 76 (1), pp. 1–20.Siewert, Walter A. (October 22, 1988).
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By 1931, the Guelph line was only carrying 300 daily passengers, compared to 1,662 cars and nine buses per day travelling along the essentially parallel Highway 7. A bond interest default caused the Guelph line to go into receivership and be shut down on 15 August 1931. After receivership ended on 13 September 1935, the line was promptly dismantled.
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He infuriates her further when he sacks her. Joe's relationship with Geena suffers when he is trying to constantly outdo Dev in business matters. In September 2002, the factory do business with Dev's cousin, Naveen Alahan (Parvez Qadir), but problems arise when Naveen's cheques keep bouncing. Joe makes some calls and finds out that Naveen's business is about to go into receivership.
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Declining turnover coupled with the 1987 stock market crash saw PDC and the Co-Operative Society go into receivership in 1988, and the mall and department store were sold off. The PDC department store was closed and demolished in 1990 to make way for an extension of the mall. Originally , the mall underwent redevelopment from 2008 to 2010 refurbishing the existing space and expanding to . Redevelopment was done in three stages.
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Goodall 1995, pp. 59–61. These problems caused Norman Thompson to go into receivership on 19 April 1918, an attempt to sue Curtiss over breaking the 1914 agreement for White and Thompson to have exclusive sales rights in Europe getting nowhere. The Norman Thompson Flight Company went into Voluntary liquidation on 12 July 1919, the company's factory and stock being purchased by Handley Page.Goodall 1995, pp. 78–83.
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The NCSR had up to 177 grip cars and many more trailers. Three powerhouses pulled 9 cables. On May 24, 1899, the NCSR and WCSR were combined into the Chicago Union Traction Co., which would go into receivership on April 22, 1903 and was bought by the Chicago Railway Co. (CR) on January 25, 1908. On February 1, 1914, the Chicago Railway Co. began operating as part of the Chicago Surface Lines.
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Track within the Town of Weston was subsequently transferred to the TofYR in 1925. The Canadian National Electric Railways let the TSR bond interest go unpaid on 15 July 1931, causing the Guelph line to go into receivership and be shut down on 15 August 1931. Eventually, in 1934, CNER paid off the bondholders at 25 cents on the dollar, following which the receivership was ended on 13 September 1935, and the line was promptly dismantled and equipment disposed.
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As the town grew, it featured a drug store, a general store, a brewery and a jewellery store. The first electrical power service by the city was provided in February 1913. Merritt and the Nicola Valley experienced prosperity until the passage of restrictive trade legislation in the United States in 1930. Because the city had financially backed one of the major sawmills, the loss of lumber markets caused the city to go into receivership from 1933 to 1952.
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The company was established by Frank Workman and George Clark in Belfast in 1880. By 1895 it was the UK's fourth largest shipbuilder and by 1900 it was building transatlantic liners for major customers such as Cunard Line and Alfred Holt. It expanded further to meet demand during the First World War and was acquired by Northumberland Shipbuilding Company in 1918. After Northumberland Shipbuilding Company went into receivership in 1927, Workman, Clark and Company was resurrected only to go into receivership itself in 1935.
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He preferred Westland to go into receivership so that British companies GEC and British Aerospace could buy the viable parts of the business. In mid-October Heseltine suggested a European consortium which would include French Aerospatiale, German MBB and Italian Agusta (Sikorsky was now negotiating a strategic linkup with Italian Fiat). Leon Brittan, who had replaced Tebbit as Trade and Industry Secretary in September 1985, at first urged Thatcher to consider a European option (Heseltine later claimed Brittan this option, although Brittan denied this). The Government was officially neutral (i.e.
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The site is currently an entrance to the Pershing Square subway station. The construction and US$23 million cost of the Museum of Contemporary Art (MOCA) was part of a city-brokered deal with the developer of the California Plaza redevelopment project, Bunker Hill Associates, who received the use of an , publicly owned parcel of land. Owner MPG Office Trust let the property go into receivership in 2012.Two California Plaza Goes into Receivership A tenant since 2000, Deloitte moved to the nearby Gas Company Tower in 2014.
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Crick 1997, pp. 275–6. Heseltine took against the new chairman Sir John Cuckney's plan that Westland merge with United Technologies Corporation, of which the US company Sikorsky was a subsidiary, after realising that Westland would probably become responsible for assembling the Sikorsky Sikorsky UH-60 Black Hawk helicopter, which the Ministry of Defence would then be under great pressure to buy, whereas he preferred Westland to go into receivership so that GEC and British Aerospace could buy the viable parts of the business.Crick 1997, p. 276. In mid-October Heseltine suggested a European consortium (which would include French Aerospatiale, German MBB and Italian Agusta).
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On 14 September 2007, the bank sought and received a liquidity support facility from the Bank of England, to replace funds it was unable to raise from the money market. Reporting of this complex scenario led to panic among individual depositors, who feared that their savings might not be available should Northern Rock go into receivership. The result was a bank run – the UK's first in 150 years – where depositors lined up outside the bank to withdraw all of their savings as quickly as possible, particularly since many others were doing the same. As the UK government provided the liquidity support facility, they also exerted pressure on the bank to create a longer- term recovery plan.
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Additionally the club won their fourth Saxony-Anhalt- Cup. In the promotion play-offs, Magdeburg beat their old rivals BFC Dynamo 5–2 on aggregate, but financially the club was in deep trouble. In order to be allowed to play, they had to raise 5 million DM in a matter of days. A two-day donation drive initiated by the fans brought 1 million Marks, the remaining sum was loaned to the club by two banks. Magdeburg managed to remain in the league, finishing twelfth, and averaging 4,500 spectators, but in June 2002 the club had to go into receivership. This led to the club's relegation to tier IV, and almost all players left the club and 1.
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In the United States, in some states, corporations can be placed under conservatorship, as a less extreme alternative to receivership. Whereas a receiver is expected to terminate the rights of shareholders and managers, a conservator is expected merely to assume those rights, with the prospect that they will be relinquished. Robert Ramsey and John Head, law professors who both specialize in financial issues, suggest that an insolvent bank should go into receivership rather than conservatorship to guard against false hope and moral hazard. At the federal government level in the United States, in July 2008, the failing IndyMac Bank was taken into administrative receivership by the Federal Deposit Insurance Corporation (FDIC) and its assets and secured liabilities transferred to a specially established bridge bank called IndyMac Federal Bank, FSB which was placed into conservatorship, also by the FDIC.
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Derby County FC News. Derby County-Mad (28 March 1992). Retrieved on 2011-03-23. Liverpool maintain fourth place in the First Division with a 4-0 home win over Notts County, who are now six points adrift of safety and having play more games than all the other teams in the bottom seven. 1 April 1992 - Southampton make it five league wins in a row by beating Everton 1-0 at Goodison Park. West Ham are now 11 points adrift of safety after losing 3-0 to Tottenham at White Hart Lane, with Gary Lineker scoring a hat-trick. A Second Division promotion crunch game at Filbert Street sees Leicester beat Middlesbrough 2-1. 2 April 1992 - Wimbledon beat Nottingham Forest 3-0 at Selhurst Park, meaning that they now only need five points from their final six games to be sure of survival and a place in the Premier League. 3 April 1992 - Northampton Town go into receivership with debts of £1million; the club's administrators sack manager Theo Foley.
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