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Posts tagged "company"

5 Companies owned by celebrities

1. The famous Casamigos Tequila was founded by actor George Clooney along with two friends: Rande Gerber, former model and owner of some of the most influential nightclubs in the United States, and Mike Meldman, CEO of Discovery Land Company. Clooney and Gerber spent a vacation in their homes in Cabo, Mexico when they came up with the idea, this time without a hangover, to create a tequila. The brand claims that the founders continue to test each batch and are heavily involved in the production press.

5 Ridiculously Frivolous Lawsuits Against Big Businesses

Liebeck v. McDonald'sPerhaps the most famous "frivolous" lawsuit, Liebeck v. McDonald's is a case in which 80-year-old Stella Liebeck spilled a McDonald's coffee in her lap, causing third-degree burns on her legs, lap, and groin area. After she filed the lawsuit, many people criticized her without hearing the full story. After all, coffee is supposedto be hot. In reality, McDonalds has had over 700 complaints filed concerning the scalding temperatures of its coffee.

5 Companies that recovered from bankruptcy

Bankruptcy is often the end of a company, but it doesn't have to be in every case. The companies in the list above have re-emerged from bankruptcy to become profitable and successful. As an investor, it is useful to note that bankruptcy isn't always the end of the line for a company, and that through buying shares of companies as they emerge from bankruptcy, reorganization can be a potential source of excess returns.

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