Word: receivership
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...filed a spectacular civil suit against Vesco and others involved with IOS. It charged misappropriation of IOS money and asked that IOS mutual funds and International Controls be placed in receivership for protection of investors...
...mounted again this year due to sluggish steel shipments. Through a series of subsidiaries, Erie is controlled by the wealthy Norfolk and Western Railway. Investors are now wondering what will happen to another line controlled by the N & W, the money-losing Delaware and Hudson. If it went into receivership, it would have plenty of company: of the nation's 68 major railroads, six are in bankruptcy, and the Interstate Commerce Commission officially lists 17 others as teetering on the brink-including the Delaware and Hudson...
Eventually, Sharp pleaded guilty to bilking a Jesuit preparatory school of $6,000,000, forcing two insurance companies into receivership and causing the first bank failure in the history of Houston. Testifying under a federal grant of immunity, he named Wilson as one of the people involved in creating his financial empire. Whether Wilson's actions were dishonest-or merely unwise-they made his resignation inevitable...
...Vivant is now in receivership, but company officials still hope to get back in business despite FDA charges, made after a thorough examination of the company plant, that its products were often improperly sterilized and were not fit for consumption by "man or animal." Up to 4,000,000 cans of Bon Vivant products remain in warehouses round the country, while the company continues to press the drug agency for a test to determine whether or not these products can be put back on the market...
...some of the business deals that preceded his downfall. The massive swindle masterminded by Sharp is the biggest Texas fraud case since Billie Sol Estes' capers of a decade ago. Sharp's manipulations have cost a Jesuit preparatory school $6,000,000, pushed two insurance companies into receivership, and led to the first bank failure in Houston's history...