As Noble faced insolvency protection, shareholders approved a $3.5 billion debt restructuring deal that completed in December and left them owning just 20 percent, with creditors taking majority control.
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The core tension point between Abrams and Evans is a series of negotiations in 24 after the HOPE scholarship faced insolvency: The state could no longer afford to send anyone who made B's to college tuition-free.
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In late 2017 the company faced insolvency proceedings, with the National Company Law Tribunal suspending the board.
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Cassa Centrale di Risparmio Vittorio Emanuele per le Province Siciliane was split into Sicilcassa S.p.A. and Fondazione Cassa Centrale di Risparmio Vittorio Emanuele per le Province Siciliane on 24 January 1992. In 1996 it faced insolvency. In 1997 it was acquired by Banco di Sicilia.
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The estimate, which was met with skepticism at the time, was later validated by insurance claims and renewed interest in catastrophe modeling for estimating risk due to extreme events "almost overnight." Over ten major insurance companies faced insolvency as a result of Hurricane Andrew alone.
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These ventures were frequently unsuccessful, and he often faced insolvency. After a stint in the gambling industry, he began serving as the editor of The Town newspaper. It typically covered scandals in London high society. A public feud later erupted between Nicholson and another editor, Barnard Gregory, who published a competing paper.
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He had a separate carrying company Haimes & Jewell with Peter Jewell, which operated from January 1856 to May 1857. When Jewell faced insolvency Haimes purchased his farm Lots 101, 111 and part of 112, Netley, which in 1858 became his place of residence, left 1860, sold 1872. He also owned Lot 238 Unley (did this become Waverley Brewery?).
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The club, €9 million in debt, could have faced insolvency and a restart at the lowest level of the German football league system.Ruhl: "Ein bitterer Tag für den OFC" kicker.de, published: 3 June 2013, accessed: 4 June 2013 The club won the Regionalliga Südwest in 2014–15 and earned the right to take part in the promotion round to the 3. Liga, where they missed out on promotion to Magdeburg.
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He faced insolvency in 1871. His big break came in March 1875 when he took J. C. Williamson and Maggie Moore's play Struck Oil to the Queen's Theatre, Sydney, which he enlarged and refurbished, then back to Adelaide's Theatre Royal. He returned to Sydney, where he was involved in building the new Theatre Royal, of which he was lessee and manager from December 1875. James "Jem" Booty was his distinguished treasurer until 1878, when their relationship broke down.
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Mullin tripled fundraising to approximately $150,000 per year, but nonetheless the college faced insolvency in the summer of 1956. By recruiting General Motors executive Nelson Dezendorf as a donor and trustee, Mullin was able to keep the college open. In 1966, an internal struggle broke out within Shimer that subsequently became known as the "Grotesque Internecine Struggle". A group of dissident faculty, led initially by Dean David W. Weiser, complained that Mullin did not share the governance of the college sufficiently.
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Dress2kill was formed in 1999 by James Hibbert, a former recruitment consultant, and Shirley Biggs, a former buying director. The company uses British cloth for its suits, which are made at its factory in Mumbai. Dress2kill began as a visiting tailoring service, with Hibbert and Biggs each initially inviting 15 friends to try out their bespoke suits. The business was reported to have faced insolvency by the end of 2001, but in 2003, it secured a deal with Virgin Atlantic to provide a tailoring service at the airline's Heathrow airport business lounge.
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Two years later that advance was followed by promotion to the Bayernliga (IV) and then, in 2003, to the Regionalliga Süd (III). However, the club was unable to sustain itself financially at that level and, despite finishing clear of the relegation zone, voluntarily withdrew to the Bayernliga in 2005 after beginning bankruptcy proceedings in February that year. New sponsorship briefly secured the club's position, but it again faced insolvency in March 2007. The team competed in the Landesliga Bayern-Mitte after being sent down following a 19th-place finish in 2006–07.
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In 2014, the Prime Minister of India's Office ordered a probe relating to alleged irregularities in a Gurgaon housing project named Raheja Atharva. Subsequently, the State Level Expert Appraisal Committee investigated, and 0.8 acres of the Atharva project was sealed as it was illegally constructed without any Environmental Clearances. In October 2019, one of Raheja's projects were imposed with a heavy fine, for flouting pollution norms. In July 2019, Raheja Developers faced insolvency proceedings under the Section 7 of Insolvency and Bankruptcy Code, 2016, on a complaint filed by home buyers on alleged delay in delivery of flats.
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Initially the young firm struggled, with no contracts for major jobs lined up after the Hermann bridge, and by early 1929 it faced insolvency. However neither Sverdrup nor Parcel wished to let well-trained employees go, something which became an informal company policy over the years. A$17,000 fee for the design and supervision of the construction of the 7th Street Trafficway Bridge in Kansas City, Kansas, and then a $32,000 one for the Fairfax Bridge over the Missouri River helped Sverdrup & Parcel weather the worst of the Great Depression. The subsequent New Deal involved a major program of public works.
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