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Six workers are employed there now, and then there is Marilyn Austin, the only original shareholder to still be affiliated with the company.
When the bank notified us that the apartment would be auctioned, we learned that the original shareholder had defaulted on his mortgage.
But not if you bring in capital and expertise and revive the business with the original shareholder still part of the enterprise, sharing in the recovery — it may be wise to do that.
It is hard to sell assets at a decent price in this environment, so why don't they just spin off companies - e.g., quickly create five companies in which each original shareholder gets a commensurate stake?
Similar(56)
Among the original shareholders were journalist Charles A. Dana and author Nathaniel Hawthorne, who served together as the first directors of agriculture.
The original shareholders had bought into Mr. Peters's vision of a monthly magazine that covered government, and not just politics.
The original shareholders lost their equity — or, as The Tribune put it, they had bought only "castles in the air".
Only the original shareholders lose.A more valid criticism of Chapter 11 is that it too often allows failed managers to keep their jobs.
But the year-ago quarter was hurt by a settlement with the original shareholders of Harmonix Music Systems, the makers of the Rock Band video game series.
But that leaves Buyer Inc.'s original shareholders with just 48.7% of the combined company instead of the 55.5% they would have had in a fixed-share deal.
YBM officials acknowledge that Mr. Mogilevich was one of the 31 original shareholders of the company but deny that he ever had any management responsibilities.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com