asset stripping in a sentence
Examples
- In more developed economies, Baroda Rayon might have been an excellent candidate for asset stripping and distribution of the remains to its shareholders.
- Workers occupied the group's premises at Kilwinning and picketed the Irvine plant in an attempt to stop the asset stripping, but were unsuccessful.
- The investment is not prompted by a sudden surge of morality, but by high commodity prices which make production more profitable than asset stripping.
- Eventually, according to various residents, there came the shattering news that Hillfield Court had been sold-unfortunately, to " unscrupulous experts at asset stripping ".
- Ansett's administrators are considering legal action against Air New Zealand based on claims of asset stripping, according to allegations detailed in a creditors report.
- We are disappointed to see the Ansett administrators reviving allegations of asset stripping and inappropriate charging after reaching agreement with us to settle all claims,
- The asset stripping was eventually ruled to be illegal following several years of litigation, and a reconstituted mental health trust was established in the mid-1980s.
- A voluntary retirement scheme ( VRS ) and the sale of non performing assets ( NPAS ) were termed as forceful layoffs and asset stripping.
- One wonders whether Chhabria is also applying for process patent for his brand of asset stripping which has left a large number of companies in the red.
- The result of that takeover was Icahn systematically selling TWA's assets to repay the debt he used to purchase the company, which was described as asset stripping.