Summary This chapter focuses on the growth of commercial lender Finova Group in the 1990s followed by its decline and subsequent bankruptcy filing in March 2001. Finova had been one of the fastest growing independent finance companies in the 1990s. However, In March 2000, it announced an $80 ...
RegisterLog in Sign up with one click: Facebook Twitter Google Share on Facebook Encyclopedia fi·no (fē′nō) n.pl.fi·nos A pale, very dry sherry. [Spanish(jerez) fino,dry (sherry), fromfino,fine, from Latinfīnis,end, supreme degree.] ...
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13 Our partner in this operation is Leucadia, run by Joe Steinberg and Ian Cumming, with whom we had a terrific experience some years back when Berkshire joined with them to purchase Finova, a troubled finance business. In resolving that situation, Joe and Ian did far more than their share...
How D&O insurance is meant to protect shareholders from management mistakes; Gaps in coverage experienced by companies with policies from Reliance Group Holdings Inc., whose insurance operations were liquidated by regulators; Impact on companies such as Finova Group Inc. and Bank of America Corp.; ...
In Brief: Troubled Finova Giving 90 the Ax.(FINOVA Group Inc.)(Brief Article)Leibowitz, Alissa
Share on Facebook Also found in:Thesaurus,Medical,Encyclopedia,Wikipedia. fi•no•chi•o orfi•noc•chi•o (fɪˈnoʊ kiˌoʊ) n.,pl.-chi•os. a variety of fennel,Foeniculum vulgare azoricum,having celerylike stalks and enlarged edible leaf bases. ...
after the placement of Berkadia LLC.'s $ 6 billion bailout loan to Finova Capital Corp. into the asset-backed commercial market. Formation of Berkadia LLC. for the purpose of funding Finova Group Inc.; Possible liquidation of Finova after the restructuring of the conduit transaction; Purchase ...