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MacKenzie-Childs
MacKenzie-Childs, Ltd. is a manufacturer of ceramics and retailer of hand-painted imported furniture and home décor, based in Aurora, Cayuga County, New York, Aurora, New York (state), New York, and founded in 1983 by Victoria and Richard MacKenzie-Childs. The company entered Chapter 11 bankruptcy protection in 2000, and in 2001 Pleasant Rowland, founder of American Girl, purchased MacKenzie-Childs, Ltd. In 2005, the company laid off several workers. After Rowland restructured her management team in 2006, MacKenzie-Childs, Ltd. became profitable again. In 2008 Rowland sold MacKenzie-Childs, Ltd. to Lee Feldman (businessman), Lee Feldman and Howard Cohen, part owners of Twin Lakes Capital. In 2006, MacKenzie-Childs, Ltd. sued founders Victoria and Richard MacKenzie-Childs citing trademark violation, as their last name and trademarks referencing it had allegedly been sold off in the bankruptcy proceedings. In 2014, Castanea Partners, a private equity firm, invested in Aurora Brand ...
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Pleasant Rowland
Pleasant Thiele Rowland (born Pleasant Williams Thiele; March 8, 1941) is an American educator, reporter, writer, entrepreneur and philanthropist. Rowland is best known for creating the American Girl brand. She is also notable for her efforts to redevelop historic properties in Aurora, New York, where she created a partnership with her ''alma mater'' Wells College. She also does not invest in that community by ensuring everyone makes a living wage ($16.36(2/1/23). She has been married to philanthropist Jerome Frautschi since 1977. Frautschi's family owns Webcrafters printing company. Early life and early career Rowland was born in Chicago and grew up in Bannockburn, a suburb north of Chicago. She is the oldest of three sisters and a brother. Her sister Barbara Whitney Carr is president of the Chicago Horticultural Society. Her father was Edward Thiele, a Chicago advertising executive who eventually became president of the Leo Burnett ad agency. After graduating from Wells Coll ...
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Lee Feldman (businessman)
Lee Michael Feldman (born 1967/1968) is an American lawyer and businessman, and the chairman of GVC Holdings, the FTSE 100 Index gambling conglomerate, and the managing partner of the private equity firm, Twin Lakes Capital Management, LLC. Early life Feldman earned a bachelor's degree and a juris doctor in law, both from Columbia University. Career Feldman started his career as a corporate lawyer for O'Sullivan, Graev and Karabell. In December 2004, Feldman joined GVC Holdings, and has been non-executive chairman since September 2008. In 2007, Feldman co-founded the private equity firm, Twin Lakes Capital Management, LLC. From at least 2008 to 2012, Feldman was CEO of Aurora Brands, which owns the home furnishing brands MacKenzie-Childs and Jay Strongwater. In 2017, Feldman and the CEO of GVC, Kenny Alexander earned a total of £26.9 million, and 44% of shareholders voted against the company's remuneration report. In March 2019, ''Sky News Sky News is a British free-to ...
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Aurora, Cayuga County, New York
Aurora, or Aurora-on-Cayuga, is a village and college town in the town of Ledyard, Cayuga County, New York, United States, on the shore of Cayuga Lake. The village had a population of 724 at the 2010 census. Wells College, an institution of higher education for women founded by Henry Wells in 1868, is located in Aurora. It became coeducational in 2005, and since then enrollment has risen. In 1980, its Aurora Village-Wells College Historic District, with more than 50 contributing properties, was listed on the National Register of Historic Places. From 2001 to 2007, redevelopment of historic properties in the village by entrepreneur Pleasant Rowland and the Aurora Foundation earned compliments, as well as provoking citizen concern, a lawsuit joined by state and national preservation organizations, and national media attention. History Indigenous peoples occupied the lakeshore and riverways in present-day New York for thousands of years. Prior to European-American settlement ...
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New York (state)
New York, officially the State of New York, is a state in the Northeastern United States. It is often called New York State to distinguish it from its largest city, New York City. With a total area of , New York is the 27th-largest U.S. state by area. With 20.2 million people, it is the fourth-most-populous state in the United States as of 2021, with approximately 44% living in New York City, including 25% of the state's population within Brooklyn and Queens, and another 15% on the remainder of Long Island, the most populous island in the United States. The state is bordered by New Jersey and Pennsylvania to the south, and Connecticut, Massachusetts, and Vermont to the east; it has a maritime border with Rhode Island, east of Long Island, as well as an international border with the Canadian provinces of Quebec to the north and Ontario to the northwest. New York City (NYC) is the most populous city in the United States, and around two-thirds of the state's popul ...
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Chapter 11
Chapter 11 of the United States Bankruptcy Code (Title 11 of the United States Code) permits reorganization under the bankruptcy laws of the United States. Such reorganization, known as Chapter 11 bankruptcy, is available to every business, whether organized as a corporation, partnership or sole proprietorship, and to individuals, although it is most prominently used by corporate entities. In contrast, Chapter 7 governs the process of a liquidation bankruptcy, though liquidation may also occur under Chapter 11; while Chapter 13 provides a reorganization process for the majority of private individuals. Chapter 11 overview When a business is unable to service its debt or pay its creditors, the business or its creditors can file with a federal bankruptcy court for protection under either Chapter 7 or Chapter 11. In Chapter 7, the business ceases operations, a trustee sells all of its assets, and then distributes the proceeds to its creditors. Any residual amount is returned to the ...
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American Girl
American Girl is an American line of dolls released on May 5, 1986, by Pleasant Company. The dolls portray eight- to fourteen-year-old boys and girls of a variety of ethnicities, faiths, and social classes from different time periods throughout history. They are sold with accompanying books told from the viewpoint of the girls. Originally the stories focused on various periods of American history, but were expanded to include characters and stories from contemporary life. Aside from the original American Girl dolls, buyers also have the option to purchase dolls that look like themselves. The options for the line of ''Truly Me'' dolls include eye color, face mold, skin color, hair texture, and hair length. A variety of related clothing and accessories is also available. A service for ordering a custom-made doll with features and clothing specified by the owner, dubbed ''Create Your Own'', has also been introduced in 2017. Pleasant Company was founded in 1986 by Pleasant Rowland ...
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Twin Lakes Capital
Twins are two offspring produced by the same pregnancy.MedicineNet > Definition of TwinLast Editorial Review: 19 June 2000 Twins can be either ''monozygotic'' ('identical'), meaning that they develop from one zygote, which splits and forms two embryos, or ''dizygotic'' ('non-identical' or 'fraternal'), meaning that each twin develops from a separate egg and each egg is fertilized by its own sperm cell. Since identical twins develop from one zygote, they will share the same sex, while fraternal twins may or may not. In rare cases twins can have the same mother and different fathers (heteropaternal superfecundation). In contrast, a fetus that develops alone in the uterus, womb (the much more common case, in humans) is called a ''singleton'', and the general term for one offspring of a multiple birth is a ''multiple''. Unrelated look-alikes whose resemblance parallels that of twins are referred to as doppelgängers. Statistics The human twin birth rate in the United States rose 7 ...
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Castanea Partners
The chestnuts are the deciduous trees and shrubs in the genus ''Castanea'', in the beech family Fagaceae. They are native to temperate regions of the Northern Hemisphere. The name also refers to the edible nuts they produce. The unrelated horse chestnuts (genus ''Aesculus'') are not true chestnuts, but are named for producing nuts of similar appearance that are mildly poisonous to humans. True chestnuts should also not be confused with water chestnuts, which are tubers of an aquatic herbaceous plant in the sedge family Cyperaceae. Other species commonly mistaken for chestnut trees are the chestnut oak (''Quercus prinus'') and the American beech (''Fagus grandifolia''),Chestnut Tree
in chestnuttree.net.
both of which are also in the Fagaceae family.