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Production delays and staffing problems resulted in losses, but earnings soared in 1971 and 1972. In 1972, the company, recognizing that it was now misnamed, adopted its current title, Nucor Corporation. [4] That year, it became a public company via an initial public offering. [8] In 1988, the company opened its building products division.
Recently, an $8.85 million settlement was reached in a class action lawsuit filed against Unilever United States, Inc., the owner of Breyers, and Conopco, Inc., the New York-based advertiser ...
Chapter 7 of Title 11 U.S. Code is the bankruptcy code that governs the process of liquidation under the bankruptcy laws of the U.S. In contrast to bankruptcy under Chapter 11 and Chapter 13, which govern the process of reorganization of a debtor, Chapter 7 bankruptcy is the most common form of bankruptcy in the U.S. [1]
While effective non-legal debt counseling is usually the preferred -more economic and less disruptive- option, consumer default can end-up in legal debt settlement or consumer bankruptcy procedures, the last ranging from one-year procedures in the UK to six-year procedures in Germany. [9]
Terraform, which filed for bankruptcy in January, agreed to a $4.47 billion SEC settlement after a jury in Manhattan found the company liable in April for defrauding investors.
Mario Harik, XPO's former chief information officer, who also serves as the company's president, was appointed as CEO. [24] In March 2022, XPO sold its North American intermodal business to Illinois-based STG Logistics for $710 million. [33] [22] In March 2023, XPO appointed J. Wes Frye, a retired industry veteran, to its board of directors. [34]
The payments were part of millions of dollars Harris dolled out to major production firms and advertising agencies in her doomed effort to win the 2024 presidential campaign.
The case was assigned to U.S. Bankruptcy Judge Robert Gerber, who had previously presided over another high-profile bankruptcy case of Adelphia Communications Corp. [7] Shortly after the Chapter 11 filing, it was announced that on Monday, June 8, 2009, GM would be removed from the Dow Jones Industrial Average, and replaced by Cisco Systems.
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