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As a shareholder in the business, Mr Hague's stake could now prove effectively worthless.
On most campuses, a family's insurance plan "is effectively worthless," Mr. Boyle said.
He said: "The defendants were involved in selling effectively worthless items to the public.
Senator Glenn said granting the President that authority would render the sanctions effectively worthless.
Tata has written off £2bn from the value of its UK assets, meaning they are effectively worthless.
But in numerous letters to Money, unsuccessful bidders claim that prices in the "MadShop" make the earned discount effectively worthless.
Similar(29)
Mr. Schwabe would dilute that very modest increase by spreading the money to thousands of additional workers, giving tiny raises -- raises so small they would effectively be worthless -- to everybody.
First Boston, Kollmorgen's investment banker, says that the resulting combination of Kollmorgen and Vernitron would be so highly leveraged that the shares in that enterprise would effectively be worthless.
If you've been following HTC — which was trading below its cash on hand last year, effectively making the company worthless — then you'll know that moving its needle in a positive direction is no easy thing.
Although the move may please many, it is has caused controversy with some as it effectively makes their virtual possessions worthless outside the game's horror-themed fantasy environment.
The writedown effectively made Tata's UK operation worthless for accounting purposes.
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