Status is a variable that tells the legal and economic condition of the firm: for instance, if the company is active or it has ceased its operations and if it is undergoing a bankruptcy procedure or not.
Thinkfuse will cease its operation and service effective July 25 , 2012
Jevic has arranged a $60 million debtor-in-possession financing package from pre-petition lender CIT Group/Business Credit Inc. to help fund the effort, which actually began before the company filed its petition when it ceased its business operations and laid off about 90percentt of its 1,500 employees.
The Monetary Authority of Singapore (MAS) said it had ordered Falcon Bank to cease its operations in the city-state because of a "persisistent and severe lack of understanding" of Singapore's money laundering controls.
Yap did not say why it is ceasing its Voicemail operations.
Earlier today, in fact, the Chinese smartphone/telecom manufacturer announced that it had ceased its main business operations as it attempts to figure out the best way forward.
The company, which sells telcom network equipment and consumer devices including smartphones, said on Wednesday that it would cease its main business operations after the U.S. Department of Commerce announced a seven-year export restriction for the company, resulting in a ban on U.S. component makers selling to ZTE.
The company, which sells telcom network equipment and consumer devices including smartphones, said on Wednesday that it would cease its main business operations after the U.S. Department of Commerce announced a seven-year export restriction for the company, resulting in a ban on U.S. component makers selling to ZTE.
Earlier on Tuesday, Shorten blamed the government for driving Holden to announce in December that it would cease its Australian car manufacturing operations in 2017.
This week it ceases operation.
After a merger with United Airlines, it ceased operations under its own name in 2012.
