Definition & Betydelse | Engelska ordet BANKRUPTCY

Definition av BANKRUPTCY

1. konkurs, bankrutt

Exempel på hur man kan använda BANKRUPTCY i en mening

• In November 2010, American Media filed for Chapter 11 bankruptcy protection due to debts of nearly $1 billion, but has continued to buy and sell magazine brands since then.
• The original team was founded by a merger in August 1926, while the current club was refounded in August 2002 following bankruptcy.
• Chapter 11 of the United States Bankruptcy Code (Title 11 of the United States Code) permits reorganization under the bankruptcy laws of the United States.
• Before its bankruptcy on December 2, 2001, Enron employed approximately 20,600 staff and was a major electricity, natural gas, communications, and pulp and paper company, with claimed revenues of nearly $101 billion during 2000.
• Another version was developed around 1994 but was unreleased due to Commodore International filing for bankruptcy.
• Hubbard created Scientology in 1952 after losing the intellectual rights to his literature on Dianetics in bankruptcy.
• January 20 – The Sierra Leone Company, faced with bankruptcy because of the outlawing of the slave trade in British colonies, petitions the British government for purchase and transfer of its property to the Crown; Parliament approves the transfer on July 29, and it takes effect on January 1, 1808.
• Andrew Stuart Fastow (born December 22, 1961) is an American convicted felon and former financier who was the chief financial officer of Enron Corporation, an energy trading company based in Houston, Texas, until he was fired shortly before the company declared bankruptcy.
• Iwerks joined Disney as chief animator on the Laugh-O-Gram shorts series beginning in 1922, but a studio bankruptcy would cause Disney to relocate to Los Angeles in 1923.
• Only 51 cars were made including their prototype before the company was forced to declare bankruptcy and cease all operations on March 3, 1949, due to negative publicity initiated by the news media, a Securities and Exchange Commission investigation, and a heavily publicized stock fraud trial (in which the allegations were proven baseless and led to a full acquittal).
• The term "default" should be distinguished from the terms "insolvency", illiquidity and "bankruptcy":.
• WorldCom grew largely by acquiring other telecommunications companies, including MCI Communications in 1998, and filed for bankruptcy in 2002 after an accounting scandal, in which several executives, including CEO Bernard Ebbers, were convicted of a scheme to inflate the company's assets.
• This means they will be repaid in advance of stockholders, but will rank behind secured creditors, in the event of bankruptcy.
• Code is the bankruptcy code that governs the process of liquidation under the bankruptcy laws of the U.
• Lasting about two years, the crash shook a then-booming video game industry and led to the bankruptcy of several companies producing home computers and video game consoles.
• The team experienced declining attendance in later years and announced on July 2, 2014 that it had filed for Chapter 11 bankruptcy protection.
• The Railroad Revitalization and Regulatory Reform Act of 1976, often called the "4R Act," is a United States federal law that established the basic outlines of regulatory reform in the railroad industry and provided transitional operating funds following the 1970 bankruptcy of Penn Central Transportation Company.
• The overwhelming majority of all proceedings in bankruptcy are held before a United States bankruptcy judge, whose decisions are subject to appeals to the district court.
• On May 10, 2020, Avianca filed for Chapter 11 bankruptcy in a court in New York City, and liquidated its subsidiary Avianca Perú, due to the COVID-19 pandemic crisis.
• The bankruptcy case was the largest in Canadian history and left pensioners, shareholders and former employees with enormous losses.

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