Word: relatedness
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Yet even though the Michigan court has deep experience with auto-related bankruptcies - it has handled those of partsmakers such as Collins & Aikman, Intermet and Plastech Engineered Products - and has fielded its share of megacases, including the landmark bankruptcy that resulted from lawsuits against Dow Corning over silicone breast implants...
But there was a risk, and it would end up costing German taxpayers dearly. It related to a term set down in the leasing contracts - massive tomes, written in English, which required the Germans to take out policies with AAA-rated insurers to cover the value of the assets for...
There were two drawbacks to that model, both related to the risk of investment. The first was that founders frequently ended up owning a tiny percentage of their company as their ownership got diluted each time they brought in a new round of investment. The second was that there's...
In a contentious decision that some community members called racially charged, the Cambridge Public School Committee chose as its new superintendent an outsider—Jeffrey M. Young, head of Newton Public Schools—over longtime Cambridge resident and Interim Superintendent Carolyn L. Turk. The school committee voted 5...
It is a convenient and long-standing tradition in Mexico to blame its problems on the U.S.--and one that's now finding agreement from surprising quarters. "Our insatiable demand for illegal drugs fuels the drug trade," declared U.S. Secretary of State Hillary Clinton en route to Mexico on March...