But in the fall of 2011, after years of mismanagement, Cooper Union faced financial ruin.
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Virgin East Coast is not the only franchisee that has faced financial ruin running the line.
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Wronged parents have faced financial ruin or lost jobs when they fought against Child Protective Services.
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Strawberry farmers have welcomed the action, saying they faced financial ruin if demand did not recover quickly.
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Even those with health insurance, Warren wrote, faced financial ruin when confronted with a catastrophic medical event.
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" The statement continued, "In December 2012, Depp faced financial ruin with the impending default on a $5 million bank loan.
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However, Bannon told Reuters he was working on setting up an independent, non-partisan tribunal to investigate decades of scandals within the U.S. Church, warning that dioceses across the country faced financial ruin because of the wrongdoing.
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Instead of promoting strong futures, we saw that federal aid programs were fattening the bottom line for schools — and, in the case of for-profit schools, for their executives and investors — while those schools' students faced financial ruin.
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Fahy says farmers are facing more stress now than they have since the farming crisis of the 210s, when hundreds of farms were auctioned on courthouse steps across the country each month and thousands of farmers faced financial ruin.
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In 1893, the hotel burned down and was only partially covered by insurance.'Fire at Southport: Main Beach Hotel destroyed', Brisbane Courier, Tuesday 19 September 1893, p. 4 During the 1890s, Johan Meyer's business went into decline and he faced financial ruin. Johan Meyer died at the Southport Railway Station on Friday 18 October 1901.
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Sandford's shares became essentially worthless and he faced financial ruin, at the age of 66. After years of great mental stress, he was a broken man. The Lithgow works was too large an employer and economic asset to be allowed to close down. Sandford met Premier Wade on 11 December 1907, but that would be his last involvement.
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Historians have contrasted the efficiency of Edward Seymour's takeover of power in 1547 with the subsequent ineptitude of his rule.; By autumn 1549, his costly wars had lost momentum, the crown faced financial ruin, and riots and rebellions had broken out around the country. Until recent decades, Seymour's reputation with historians was high, in view of his many proclamations that appeared to back the common people against a rapacious landowning class.; .
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Later, the two friends teamed to make a series of low-budget movies in the twilight of their careers. Lobby card for Gibson's film The Winged Horseman (1929) Gibson's years of substantial earnings did not see him through his retirement. He had squandered much of his income on high living and poor investments. By the 1950s, Gibson faced financial ruin, in part due to costly medical bills from serious health problems.
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The family faced financial ruin in 1935. Georg had transferred his savings from a bank in London to an Austrian bank run by a friend named Frau Lammer. Austria was experiencing economic difficulties during a worldwide depression because of the Crash of 1929, and Lammer's bank failed. To survive, the Trapps discharged most of their servants, moved into the top floor of their home, and rented out the other rooms.
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Reza's father, who had plans to open a hotel in Iran on the eve of the revolution, faced financial ruin. In the Fall, Reza began classes at University of Southern California where he completed one semester. In January 1980, Ali Abdoh died of a heart attack on a squash court at the Los Angeles Athletic Club. It is said that he died not long after discovering that Reza was gay.
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By autumn 1549, his costly wars had lost momentum, the crown faced financial ruin, and riots and rebellions had broken out around the country. He was overthrown by his former ally John Dudley, 1st Duke of Northumberland.Diarmaid MacCulloch, The Boy King: Edward VI and the Protestant Reformation (2002) p 104. Until recent decades, Somerset's reputation with historians was high, in view of his many proclamations that appeared to back the common people against a rapacious landowning class.
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The singer faced financial ruin as his music publishing company Dirty Sheet Music and his wife's children's fashion label both went broke. He was pursued by both the ANZ Bank and the Australian Taxation Office for amounts exceeding $1.3 million. The family sold their property in Bowral, New South Wales and settled for some time in Aix-en-Provence, France, attracting some adverse publicity when he assaulted a television crew from Channel 7.Creswell, et al.
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Historians contrast the efficiency of Somerset's takeover of power, in which they detect the organising skills of allies such as Paget, the "master of practices", with the subsequent ineptitude of his rule.; By autumn 1549, his costly wars had lost momentum, the crown faced financial ruin, and riots and rebellions had broken out around the country. Until recent decades, Somerset's reputation with historians was high, in view of his many proclamations that appeared to back the common people against a rapacious landowning class.; .
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SA History.org Slavery in South Africa Accessed 23 April 2015 The farmers had invested large amounts of capital in slaves. Owners who had purchased slaves on credit or put them up as surety against loans faced financial ruin. Britain had allocated the sum of 1 200 000 British Pounds as compensation to the Dutch settlers, on condition the Dutch farmers had to lodge their claims in Britain as well as the fact that the value of the slaves was many times the allocated amount.
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In February 1928, the New Orleans Stock Exchange was closed on a Saturday so members could attend the opening of Pontchartrain Bridge. Louisiana Governor Huey Long was opposed to toll bridges and offered to have the state purchase the bridge from its private owners. The offer was rejected, so Governor Long constructed two free bridges to the east along U.S. Route 90 across Chef Menteur Pass and the Rigolets Pass. With a free alternative, the toll bridge faced financial ruin and was sold to the state in 1938 for $940,000.
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Confined to his cot and suffering great pain from his wound, Brenton endured an uncomfortable journey back to England and after his arrival he continued his convalescence in lodgings in Alverstoke and Paddington. In recognition of his service, Brenton was made a baronet, received a 100-guinea sword from Lloyd's Patriotic Fund, and in consequence of his wound was granted an annual pension of £300.Raikes, p. 408. However, in the spring of 1811, Brenton faced financial ruin when his prize agent failed with the loss of the prize money earned from Spartan.
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Within 12 months, Ultra Tune opened its first franchise store in Perth, Western Australia. During the early 1990s the network experienced turmoil and faced financial ruin with a number of stores across the network forced to close due high rental lease costs. After a public auction in 1994, Sean Buckley acquired management and then later shareholding control in Ultra Tune. Under Sean Buckley, Ultra Tune Australia Pty Ltd was created and over the next 22 years he developed his own business model – which included the acquisition of competing brands such as Car Care Clinic (1999) and Auto Masters sites in New South Wales and Queensland during the early 2000s.
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At this point, Carew began negotiations to switch sides; many others did the same, including his cousin James Chudleigh, captured at Stratton in May. Suggestions he was betrayed by a "disloyal servant" appear incorrect; in August, as a Parliamentary warship was entering harbour, Carew ordered his men to open fire. They refused, and he allegedly only escaped lynching when the ship's captain intervened; he was accused of treason, and held in the Tower of London. St Nicholas' Island, Plymouth, now Drakes Island Many went to war in 1642 expecting a single, decisive battle; by 1643, it was clear this was incorrect, and Parliamentarians like Carew whose estates lay in occupied territory faced financial ruin.
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When this enterprise failed to materialise Glasse faced financial ruin and, as described by Hester Thrale in her memoirs, went to the City to obtain one last loan to cover his debts. On stopping for sustenance at the Bull and Mouth Inn in St Martin's Le Grand, he realised that he had left the entire sum in the hackney cab that had brought him there, and hanged himself at the Inn on 30 October 1809, predeceasing his father by 3 years. Ironically, the driver returned the money to the hostel the following day. Glasse is buried in the churchyard of St. Mary’s Hanwell, the church where he was rector from 1785-1809, commemorated by a neo-classical tomb.
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The world's first locomotive-hauled railway journey took place on 21 February 1804, when Trevithick's unnamed steam locomotive hauled a train along the tramway of the Penydarren Ironworks, in Merthyr Tydfil, Wales. Turning his interests abroad, Trevithick also worked as a mining consultant in Peru and later explored parts of Costa Rica. Throughout his professional career, he went through many ups and downs, and at one point faced financial ruin, also suffering from the strong rivalry of many mining and steam engineers of the day. During the prime of his career, he was a well-respected and known figure in mining and engineering, but near the end of his life he fell out of the public eye.
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Potter planned Appley Dapply as a large format book with page borders and decorations in a style reminiscent of Walter Crane and Randolph Caldecott, and even considered publishing the book at her own expense if Warne lost what little interest he had in the project. In late 1904 she offered Warne a dummy book of ninety-four pages and thirty rhymes, twenty-one of which Warne approved for future publication. When Warne died suddenly and unexpectedly in August 1905, the book of rhymes was set aside, and Potter turned her attention to other projects. Early in 1917, Frederick Warne & Co. faced financial ruin after then-publisher Harold Warne was convicted of forgery and sentenced to eighteen months of hard labor in a London prison.
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Mary Ferrar had a tablet placed in the family's parlour. Sir Thomas Hetley requested a copy, so, although the original has long been lost, the wording and the arrangement of the original text was preserved. Here it is as published in The Life and Times of Nicholas Ferrar by H. P. K. Skipton. In 1620 Esmé Stewart, the Earl of March (1579–1624) and Lord Lieutenant of Huntingdonshire (later, briefly, the 3rd Duke of Lennox), sold the manor of Little Gidding to Thomas Sheppard. The Ferrars and Wodenoths were investors in the Virginia Company and other colonial projects and when the Virginia Company collapsed in 1624 taking with it a large portion of their fortune John Ferrar faced financial ruin.
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In 1784, Britain split the Colony of Nova Scotia, creating the colonies of New Brunswick and Cape Breton Island, reducing Nova Scotia to just its peninsular territory. In 1788, King George III authorized his son, Prince Frederick, the Duke of York, to be granted the mineral rights to Nova Scotia (then only the peninsular portion), however events such as the Napoleonic Wars put the application on hold until the end of conflict in 1815. At that time, the Duke was in financial difficulty and had an agent apply for the mineral rights which the King had authorized, however the paperwork was misplaced. In 1820, King George III died and the Duke faced financial ruin from debts; the same year saw the Colony of Cape Breton Island merged again into the Colony of Nova Scotia.
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As many as half of Melbourne's eleven VFL clubs faced financial ruin at different times during the 1980s, and it was financial pressures that drove South Melbourne to relocate to Sydney in 1982, while more than $1,000,000 of debts and the effect of losing the Junction Oval as a home ground almost drove to relocate to Brisbane, merge with or fold in 1987, while , and all struggled with extensive debts. Many clubs were saved from bankruptcy only by the dividend they received from the $4,000,000 licence fees charged to Brisbane and West Coast, and the $4,000,000 earned when the Sydney Swans club was sold to Dr Geoffrey Edelsten in 1985, but these cash injections provided only temporary relief, and did nothing to address the ailing viability of the clubs.
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The Product Disclosure Statement prepared by PBA provides forecast of 193,000 vehicles in 2012 rising to 291,000 vehicles by 2026. Eastern part of Kalinga Park, during Airport Link work, looking east During the early period of the BrisConnections listing most of the securities were owned by institutional investors, however as the price collapsed many of these institutions divested their now worthless stock, including Macquarie Group.Business Spectator, "Macquarie Investment sells 9m BrisConnections units", Business Spectator, 23 October 2008 Most of these shares were taken up by retail investors who were unaware that two further $1 installments on the stapled securities were owing and faced financial ruin as a result.The 7.30 Report, "Many BrisConnections shareholders facing financial ruin", ABC Television, 20 November 2008 BrisConnections has threatened to sue these investors in order to raise the capital necessary to continue the project, while reducing dividends by 99 per cent.
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The end of Tarrant's career in Hong Kong came when he was sued once again for libel in September 1859, this time by his old enemy William Caine, now Lieutenant- Governor, against whom Tarrant had waged what was by then a twelve-year public vendetta.. He was found guilty, and was fined £50 () and sentenced to twelve months' imprisonment. The Friend of China suspended publication, and without this source of income Tarrant himself faced financial ruin. He spent his time in prison writing letters to other newspapers about abuses in the gaol and, his case having received coverage in the colonial, Indian and United Kingdom press, the concern of the Secretary of State was aroused when Tarrant became the subject of debate in Parliament. Urged by the former, Governor Sir Hercules Robinson remitted half the sentence and, the fine having been raised by a sympathetic public, he was released having served six months, on 20 March 1860.
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In England, as in Europe in general, the early first decade of the 21st century saw the financial bubble burst, with the collapse of ITV Digital in May 2002 leaving a hole in the pockets of the Football League clubs who had relied on their television money to maintain high wages. Although no Football League teams collapsed (no team had done so since Maidstone United in 1992), many entered administration, including Leicester City and Bradford City. From the 2004–05, administration for any Premier League or Football League club would mean a 10-point deduction. Most of the non-league divisions adopted a similar penalty. Another club that faced financial ruin was Leeds United; having reached the Champions League semi- finals in 2000–01 they looked set for dominance on the domestic and European scene, but after failing to qualify for the competition the following season, they were unable to cover the loans they had taken out to fund their spending.
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