Word: ownerships
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Dates: during 2000-2009
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After tax foreclosure proceedings were begun against the property in 1996, Pi Eta reached an agreement with Sigma Chi that allowed Sigma Chi to take partial ownership of the house...
Contractually, Sigma Chi was supposed to gradually increase its membership on the board until Sigma Chi obtained full control of the board—and ownership of the house?...
...April 19, 2001 Sigma Chi filed suit claiming that were entitled to ownership interest in the house since they had fulfilled their part of the contract. Pi Eta immediately filed countersuit...
...especially since they helped cut costs. When they did fly, business travelers and their bookers joined leisure travelers in seeking the best deals on the Internet, even if that required planning trips further in advance. And firms learned to rely more on private charters or fractional jet ownership for their top executives, who had been the airlines' most lucrative customers...
Find the sickest company you can, and the odds are good that Texas Pacific wants a hand in healing it--in return for a big ownership stake. After 9/11, few other investors would touch the airlines, which have lost two-thirds of their value in the past year. But ever since the Continental deal--which brought Bonderman and his partners 10 times their original investment--Texas Pacific has made a profitable habit of picking up airlines so far down on their luck that nobody wants them. "We're contrarian by nature," says co-founder Jim Coulter. "On many...