Quiznos, the Denver-based sandwich chain, is preparing to file for bankruptcy in the next few weeks, due to debt and declining sales. Questions: 1. This is not the first time that Quiznos has negotiated with creditors. Explain its out-of-court restructuring deal that occurred two years ago. 2. Assuming that the past debt load was similar… Read more »
Posts Tagged: contracts
What’s Martha Stewart Doing in Court Again?
In the latest Martha Stewart saga, Macy’s alleges Martha Stewart Living Omnimedia violated exclusivity terms of its contract when it agreed in 2011 to open Martha Stewart stores inside J.C. Penney’s stores. Questions: 1. Martha Stewart denied Macy’s allegations that she did anything unethical and said she was only looking to expand her brand. After… Read more »
Hospital Costs
Two years ago, Augie Hong, who works for an investment firm in San Francisco, awoke with severe abdominal pains. He went to an ER at the hospital closest to his house and was diagnosed with acute appendicitis. He wasn’t worried about the cost because he had health insurance from his employer. However, when he got… Read more »
Elizabeth Taylor: A Life of Profits
On March 23, 2011, Elizabeth Taylor died at the age of 79. She was synonymous with glamour and class, won two Oscars and at the pinnacle of her career, was the highest paid actress in the world. In later life, Taylor also distinguished herself as a businesswoman with her own line of perfume and became… Read more »
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