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Furthermore, Section 109(e) of Title 11, United States Code sets forth debt limits for individuals to be eligible to file under Chapter 13: unsecured debts of less than $419,275, and secured debts of less than $1,257,850. [3] Under Chapter 13, the debtor proposes a plan to pay his or her creditors over a 3-to-5 year period. [4]
Shamrock Holdings Inc. (SHI) was founded in 1978 as an investment company by Roy E. Disney. [2] [3] Shamrock then started buying television and radio stations. In the mid-1980s, SH moved into other industries. [4] According to Reuters, in 1984 Shamrock held 1,428,061 (or just over 4%) of all Disney stock. [5]
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. Such reorganization, known as Chapter 11 bankruptcy, is available to every business, whether organized as a corporation, partnership or sole proprietorship, and to individuals, although it is most prominently used by corporate entities. [1]
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SoloPower also received similar funding from the U.S. Department of Energy. [14] Following the company's 2011 bankruptcy, the government had expected to recoup $27 million under the Solyndra restructuring plan, or up to 100% of loaned funds from a $1.5 billion lawsuit filed against Chinese polysilicon solar-panel makers for alleged price fixing ...
An environmental group has sued the U.S. Energy Department over its decision to award over $1 billion to help keep California’s last nuclear power plant running beyond a planned closure that was ...
Gov. Gavin Newsom has unveiled plans to increase the cap on California's film and TV tax credit program to $750 million as Hollywood struggles to compete with rivals.
CA Technologies, Inc., formerly Computer Associates International and CA, Inc., was an American multinational software company that developed and published enterprise software. Active from 1976 to 2018, the company was co-founded by Charles B. Wang and Russell Artzt. The pair incorporated CA to capitalize on the emerging market of third-party ...