Claims tagged with "Bankruptcy"

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The former Texas governor John Connally filed for bankruptcy and sold his possessions at auction after the 1986 oil price crash. 1.000

👤 The author 📋 News Article 🏷️ Historical Event , Biography , Bankruptcy

Simplified: After the 1986 oil price crash, former Texas governor John Connally filed for bankruptcy and sold his possessions at auction.

1 sources

1 week ago
Red Lobster was gutted by a sale-leaseback that salvaged L.P.s' investment but also led to a bankruptcy. 1.000

👤 The author 📋 News Article 🏷️ Real Estate , Restaurant , Bankruptcy

Simplified: Red Lobster was gutted by a sale-leaseback that salvaged limited partners' investment but also led to its bankruptcy.

1 sources

1 week ago
Payless allegedly paid out hundreds of millions in dividends to its private equity masters before its 2017 bankruptcy. 1.000

👤 The author 📋 News Article 🏷️ Retail , Bankruptcy , Dividends

Simplified: Payless allegedly paid out hundreds of millions in dividends to its private equity masters before its 2017 bankruptcy.

1 sources

1 week ago
Toys "R" Us ended up spending 97 percent of its operating profit on debt service before going bankrupt. 1.000

👤 The author 📋 News Article 🏷️ Retail , Debt , Bankruptcy

Simplified: Toys "R" Us spent 97 percent of its operating profit on debt service before going bankrupt.

1 sources

1 week ago
Drexel Burnham Lambert went bankrupt the same year. 1.000

👤 The author 📋 News Article 🏷️ Bankruptcy , Financial History

Simplified: Drexel Burnham Lambert went bankrupt in 1990.

1 sources

1 week ago
Valued at more than $1 billion in 2018, Pat McGrath Cosmetics announced that it had filed for Chapter 11 bankruptcy protection on Jan. 22 to “simplify its capital structure, reduce its debt load and u... 0.950

👤 The author 📋 News Article 🏷️ Business , Bankruptcy

Simplified: Pat McGrath Cosmetics filed for Chapter 11 bankruptcy protection on Jan 22 to simplify its capital structure reduce its debt load and unlock the poten...

1 sources

7 months ago