It went into Chapter 11 bankruptcy this year and abandoned plans to build two advanced AP1000 reactors in the United States.
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According to U.S. bankruptcy court filings, the house was sold for $5.925 million shortly after Berg's Meridian Mortgage Investor Funds went into Chapter 11 bankruptcy protection.
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Perry hopes Saudi Arabia will buy nuclear power technology from U.S. companies, including Westinghouse, which went into Chapter 11 bankruptcy this year and abandoned plans to build two advanced AP1000 reactors in the United States.
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CCC was building the Cray-3/SSS when it went into Chapter 11 in March 1995.
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He won a $22.8 million judgement, which was overturned on appeal. In February 1984, the Aladdin went into Chapter 11 bankruptcy. In 1986, Japanese businessman Ginji Yasuda purchased the Aladdin out of bankruptcy for $54 million. Yasuda spent an additional $35 million to refurbish the resort.
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Marmet sold WAFY to Nassau Broadcasting Partners in 2005. After Nassau went into chapter 11 bankruptcy protection, the station, along with WARK and WWEG in Hagerstown, were purchased by Manning Broadcasting, Inc. in May 2012, with the sale being completed on November 1, 2012 at a price of $6.4 million.
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After its launch in 1998, during its first 18 months, USI raised nearly $500 million from investors. It never posted a profit. McCleary stepped down as CEO in July 2000, but retained his position of chairman of the board. Despite infusions of investor cash, the company went into chapter 11 bankruptcy in early 2001.
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The freight schedule was augmented by charter flights to South America and the military but by 1981 Airlift International went into Chapter 11 bankruptcy for reorganization. Following the reorganization the DC-8-54, the Fairchild FH-227 and F-27 models were used. Due to financial problems during 1990 and 1991, Airlift International ceased operations in June 1991.
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The company made a public stock offering in the first half of 1983, but went into Chapter 11 protection from bankruptcy before the end of 1984. The company's assets were acquired by Datatronic AB, a Swedish software/hardware distribution company headed by Mats Gabrielsson. Gabrielsson signed a distribution deal with Kyocera, which began to supply PC clones to Victor.
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Herbst Gaming was a slot route operator and casino company owned by Jerry Herbst's three sons. It was formed in 1987 to service slot machines in the Terrible Herbst stores. In 1997, it began opening and acquiring full-fledged casinos, many of which were branded as Terrible's casinos. The company went into Chapter 11 bankruptcy in 2009, and the Herbst family gave up its ownership stake.
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Amplify is the successor of Memorial Production Partners, which went into Chapter 11 bankruptcy in 2017 and was traded as . Amplify's CEO beginning May 2018 was Ken Mariani, previously from Enervest. Midstates Petroleum (previously ) of Tulsa, Oklahoma was merged with Amplify in 2019; Midstates went through bankruptcy in 2016. David J. Sambrooks, former CEO of Midstates, received $5.3 million in compensation in 2019, $1.1 million in 2018, $2.7 million in 2017.
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Eventually, the company found that it was unable to compete with other chains, such as Jewel-Osco, Dominick's, Hy-Vee, Walmart and Kroger . The first sign of this was the selling of the Harvest Day bakery plant in Rock Island, Illinois to the Metz Baking Company in 1998. The company went into Chapter 11 bankruptcy in March 2000. In 2003, Eagle Food Stores ceased operations, and sold off its assets.
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Aggregates West went into Chapter 11 bankruptcy, having defaulted in 2012 on $3.5 million in Frontier Bank (inherited by Union Bank) loans originated in 2005. Aggregates West offloaded barges of excavated rock at Bellingham, Anacortes, Everett, and Seattle). Only 10% of the output was used on the island by 2007. A land trust, Lummi Island Heritage Trust, became involved to purchase the land for reclamation and conservation purposes.
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GENICOM's stock was delisted from the NASDAQ in January when stock price went below $1. CEO Paul Winn and Chief Financial Officer James Gale were relieved of their positions in March as the company went into chapter 11 and Shaun Donnellan was brought in as CEO. The Canadian operations were sold for $6.22 million and the airline printer business was sold to IER for $3.5 million. The ongoing lawsuit with Compaq was settled for $12.6 million.
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AMF Bowling went into Chapter 11 bankruptcy for the second time in November 2012. In its filing the company cited the challenge of adjusting to “the marked shift in the average bowling customer”. In 2013, AMF Bowling was brought out of bankruptcy through its merger with Strike Holdings LLC (doing business as the bowling center operator Bowlmor Lanes), bringing all remaining bowling centers and the 50% interest in the QubicaAMF joint venture under the control of Bowlmor AMF (now known as Bowlero Corporation). Bowlmor AMF sold its QubicaAMF joint venture interest to Qubica in 2014.
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The company derives its name from the chemical element iridium which has an atomic number of 77, equalling the initial number of satellites which were planned to be deployed. The founding company went into Chapter 11 bankruptcy nine months later, on August 13, 1999. The handsets could not operate as promoted until the entire constellation of satellites was in place, requiring a massive initial capital cost running into billions of dollars. The cost of service was prohibitive for many users, reception indoors was difficult and the bulkiness and expense of the hand held devices when compared to terrestrial cellular mobile phones discouraged adoption among potential users.
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ONA Douglas DC-6A at Manchester Airport, England, in 1958 Douglas DC-8 of ONA at Zurich in 1975 Miami cargo terminal in 1976 ONA was founded in June 1950 as a charter airline that carried both freight and passengers. It was based at Idlewild Airport (now New York JFK Airport) with five Douglas DC-6 aircraft in the fleet. Its main function was to carry US military personnel to and from Europe from the east coast of the USA. ONA also had a dedicated Douglas DC-7F for freight operations. For a brief period from 1964 to 1965, ONA went into Chapter 11 bankruptcy to reorganize.
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In 1991 Metro went into Chapter 11 bankruptcy reorganization and then in May 1993 Metro Airlines went completely out of business. The airline assets were promptly purchased and renamed by AMR Corporation whom were already involved with Metro Airlines by way of the "banner carrier" codeshare flying that Metro performed for AMR via its Metroflight division with these services being created cooperatively by the legacy carrier, being American Airlines, and the regional, being Metro subsidiary Metroflight, as American Eagle during the mid-1980s. Under AMR many of Metroflight's assets found their way over to Simmons Airlines. Houston Metro's original home, being the Clear Lake City STOLport located in the Houston area near the NASA Johnson Space Center, was abandoned and subsequently demolished in order to make way for suburban development.
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The airline was to be acquired by Air1 in 1984, before McClain Airlines began service, but Air1 went into Chapter 11 bankruptcy later that year before the acquisition was completed. Prior to entering bankruptcy, Air1 operated Boeing 727-100 and 727-200 jetliners configured with all premium service cabins in scheduled service from a hub in St. Louis nonstop to Dallas/Fort Worth, Houston Hobby Airport, Kansas City, Los Angeles, New York City Newark Airport, and Washington, D.C. McClain Airlines later discontinued all scheduled flights and charter services. The airline initially operated service on a short flight between Rockford, Illinois and Chicago O'Hare International Airport (ORD) in order to maintain its landing slots in Chicago, which were difficult to obtain. McClain Airlines aircraft were painted dark blue, with a gold phoenix on the tail.
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They divided the properties and Soffer formed Turnberry Associates out of his share. In 1983, Arlen Realty defaulted on a $39 million mortgage and went into Chapter 11 bankruptcy and Soffer and his partners purchased the remaining 68 acres of undeveloped land and built the Aventura Mall. Soon after, the remaining three partners sold their interest to the Soffers.Miami New Times: "Aventura Mall To Become Second Biggest in Country, Pending Approval" February 14, 2014 Turnberry Isle Resort quickly earned a reputation for the playground for the rich and famous; Soffer even chartered a fleet of yachts to dock at the Turnberry Isle marina to attract the requisite clientele (including a yacht named Monkey Business, which Colorado Democratic Senator and presidential candidate Gary Hart would charter in 1987 and be photographed with Donna Rice sitting on his lap). In 1987, his son Jeffrey joined the firmHaute Living: "The Soffer Family Soars to New Heights" By Sonia Tita Puopolo May 24, 2007 and in 1989 Jackie, his daughter joined the firm.
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