By 1971 Mr. Morita was president of Sony, and the next year, believing its American subsidiary needed American leadership, he turned to Mr. Schein, naming him president and chief executive.
Swedish Automobile NV, the automaker's parent company, told the court that Saab Automobile and two subsidiaries needed to reorganize as they awaited bridge financing from two Chinese partners, Pang Da Automobile Trade and Zhejiang Youngman Lotus Automobile.
The subsidiary, Hyundai Engineering and Construction, needs $161 million to repay short-term debt to nonbank creditors, including nearly $117 million due today.
Minnesota-based Cargill proposes to make Toshoku a full subsidiary but needs court permission, Hideyo Suzuki, president of Cargill Japan, told a news conference.
As the waiting game churns on for the infinitely teased Acura NSX supercar, Honda's luxury subsidiary still needs to keep the lights on.
Ullman's new job will be to head LVMH, Inc., the group's U.S. subsidiary, which needs a lot of attention because of the flagging American retail market.
That means Palm and its software subsidiary Palmsource need to hit one out of the park and soon.
Feinberg says these are the questions that the parent company and its subsidiary would need to address if it wants to design a claims facility.
To derive testable implications, one also needs subsidiary assumptions concerning distributions, measurement devices, proxies for unmeasured variables, the absence of various interferences, and so forth.
In such circumstances, BofA, through its new subsidiary, Countrywide, would need to pay a higher interest rate on the debt since Countrywide is a riskier borrower.
