Bankruptcy Quotations | Page 3
Bankruptcy Quotes from:
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Additional Quotes
This is a reflection of a shared commitment to work together to help deliver the cost savings the company needs to successfully emerge from bankruptcy and to become the fierce competitor we know we can be. Together we are making real progress on our business plan and this agreement represents an important piece of our restructuring puzzle. It also represents additional hardship for our pilots and I appreciate their consideration of something that is vitally important to the future of this company.
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Avoid Quotes
This is a day we hoped would never come. However, we are prepared for this event. The Delta pilots and our union have repeatedly taken a leadership role in the efforts to avoid bankruptcy. Unfortunately, Delta's plan to avoid bankruptcy was not successful. Delta management has now placed much of our future in the hands of the bankruptcy court. We will use all legal means to protect our contract.
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Amount Quotes
A company that would emerge from this bankruptcy would probably be centered around these core energy assets, and we've always talked about putting them on the auction block. If all of them sell, we would be looking at winding down the rest of the estate to maximize the amount of value for the creditors.
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Across Quotes
It's one thing for United Airlines to reduce wages of its pilots or mechanics through a bankruptcy filing. That doesn't help you out very much in the sport world, ... You need the star athlete paid the big bucks to be happy and part of the team. And particularly in a situation where there is a collective bargaining agreement, you can't cherry pick. If you do something (voiding player contracts), you'd have to do it across the board.
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Best Quotes
The numbers tell the story. Year to date in 2005, the company's operating earnings improved by over $450 million, despite fuel costs that are $1.3 billion higher than last year. When United exits bankruptcy in February 2006, we will be ready to compete aggressively with the best carriers in a way that is distinctly United.
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Absolutely Quotes
Their sales are terrible and their efforts to come up with newness that appeals to consumers and brings them back into the stores are failing. There's absolutely no indication that they have found a road back to health, and while they have very little debt, they do have too many stores. With that kind of a background, it's not difficult to envision a bankruptcy in the foreseeable future.
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Airline Quotes
In fact, we've never turned an airline away, and we would love to see them come in. In the bottom line, it's going to be a business decision on the parts of those airlines. They want to put their planes where they think they can make the most money on them. I don't expect the Northwest bankruptcy declaration to have a material impact on their decision.
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Adjust Quotes
In 1978, we adopted a new Bankruptcy Code in the United States, and a principal part of this was designed to adjust to the new corporation, to find ways to let a corporation that had gotten into financial trouble reorganize itself. A big part of the selling point on this bankruptcy law was, 'It will preserve jobs.'
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Arguably Quotes
In any event, we continue to believe that a voluntary near-term bankruptcy for GM/GMAC is of very low probability. We continue to believe that the biggest risk arguably would be a UAW strike at Delphi. ... Our sense currently is that a significant labor disruption at Delphi remains a remote likelihood.
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Above Quotes
Instead of being fired, perhaps he should be studied and examined, much as one might probe the victim of a once-rare psychiatric disorder that has become rampant. Ward Churchill might be more valuable to the opponents of the academic left employed than unemployed. Above all, he can serve as a living window into the intellectual, moral, and political bankruptcy of the left.
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Automobile Quotes
In terms of stocks, GE is the biggest problem today, as is the American automobile sector, ... You've got Ford trading at $7 a share, that's practically bankruptcy level for a company that is not in danger of declaring bankruptcy. And when GE, one of the great, major companies of the world is down, it has a big impact on the psychology.
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Banks Quotes
In my judgment a bankruptcy certainly is not precluded from being an ultimate scenario. However, I don't see it on the more immediate horizon. If you are a company of this magnitude ... to a certain degree the banks feel it is in their interest give you more rope and keep you going in the hope and expectation that you'll turn it around. I think that's probably what's going to happen here.