A fired Southern California dealership group vice president has sued Dalia Auto Group and its CEO Alam Khan, alleging he was not paid his $80,000 monthly salary plus 25 percent of the company’s net profits.
ROCHESTER, N.Y. — Jolynn Mungenast spends her days looking for ways to help people pay their hospital bills.
Working out of a warehouse-like building in a scruffy corner of this former industrial town, Mungenast gently walks patients through health insurance options, financial aid, and payment plans. Most want to pay, said Mungenast, a financial counselor at Rochester Regional Health. Very often, they simply can’t.
“They’re scared. They’re nervous. They’re upset,” said Mungenast, who on one recent call worked with an older patient to settle a $143 bill. “They do think ‘I don’t want this to affect my credit rating. I don’t want you to come take my house.’”
At Rochester Regional Health, that won’t happen. The nonprofit system in upstate New York is one of only a few nationally that bar all aggressive collection activities. Patients who don’t pay won’t be taken to court. Their wages won’t be garnished. They won’t end up with liens on their homes or be denied care. And unpaid bills won’t sink their credit scores.
A new hydrogen fuel system by Marelli promises manufacturers relatively easy integration and increased reliability, advantages the Japanese supplier plans to market to makers of hydrogen-powered vehicles as that niche market grows.
Ford is feeling the heat from Wall Street to reduce defects and the costly recalls they often incur. Last year, Ford paid $1.9 billion in warranty costs.
Two days after it declared Chapter 11 bankruptcy, Orlando-based Red Lobster sent a letter Tuesday to customers assuring them that most of its restaurants would stay open despite the company’s financial troubles.
“Bankruptcy is a word that is often misunderstood,” states the letter, which does not list an author.
“Filing for bankruptcy does not mean we are going out of business,” it continues. “In fact, it means just the opposite. It is a legal process that allows us to make changes to our business and our cost
structure so that Red Lobster can continue as a stronger company going forward.”
Orlando-based Red Lobster files for bankruptcy but will stay open
Red Lobster is looking to restructure amid nearly $300 million in outstanding debt.
The company shuttered as many as 80 of its 650 locations last week, including at least six in Central Florida in Orlando, Altamonte Springs, Sanford and Kissimmee.
San Diego-based restaurant analyst John Gordon said the sale of its real estate by its private equity owners, which required the restaurants to pay rent, and other added debt and poor management decisions over the past decade were key contributors to the company’s financial woes.