Apple's arrangement involves repurposing a facility that previously housed GT Advanced Technologies facilities, which was an Apple supply partner involved in the production of sapphire glass materials that declared bankruptcy last year.
When Johns Manville, a building-materials company, filed for bankruptcy in 1982 in order to settle asbestos litigation, it established a trust fund to pay out 100,000 expected claims.
When instead the building-materials maker filed for bankruptcy in October, the debt slumped to 30 cents because it was on equal footing with other claims.
When bankruptcy strikes, his material world is torn down – literally in the case of Kai Fischer's sandpit set, which is surrounded by transparent gauze that falls away with each blow to his sense of identity.
In 1995 Dow Corning (a joint venture of Dow Chemical and materials manufacturer Corning , Inc. declared bankruptcy following an overwhelming number of lawsuits claiming that silicone breast implants manufactured by Dow Corning and other companies were responsible for a variety of health problems.
Cengage Learning, one of the country's largest publishers of college-course material, has filed for Chapter 11 bankruptcy.
Mr. Peterman built a thriving business until he was charged last year with selling obscene material and faced the prospect of bankruptcy and jail.
By Rachel Arons July 4, 2013 Cengage Learning, one of the country's largest publishers of college-course material, has filed for Chapter 11 bankruptcy.
JULIA WERDIGIER WEAK CLAIM When Cerberus Capital Management and Chatham Lodging Trust tried to walk away from their deal to buy most of Innkeepers USA Trust out of bankruptcy, Cerberus cited a material adverse change clause in the acquisition agreement.
JPMorgan holds roughly $1.2 billion of the county's sewer debt, although it says the bankruptcy will have no material impact on its financial results.
