Sentence examples for be placed into liquidation from inspiring English sources

Exact(1)

Gunns administrator PPB Advisory... will recommend to creditors at their second meeting next Tuesday, March 5, that they vote for all Gunns companies to be placed into liquidation...

Similar(58)

The old Jets entity, meanwhile, was placed into liquidation.

The Rotherham Titans have been placed into liquidation today, following the failure of any new financial backers to come forward.

He was a director of HIH Insurance Ltd., the country's second-largest general insurer, which was placed into liquidation in March with up to $2 billion in debt.

Day then suggested he could remain permanently if an investor was found to bail out his companies, which owe a total of $37.8m and have been placed into liquidation.

Ken Beasley, the official receiver, said in a statement issued by the Insolvency Service: "SSI was placed into liquidation with substantial debts and had no funds available to purchase the coal needed to keep the coking ovens operational.

The first credit union to cease trading this year was the Cornwall and the Isles of Scilly Credit Union, trading as Cornish Community Banking, which had more than 2,100 saver members and was placed into liquidation on 18 February after being hit by bad debts on its loans.

The move comes after Rangers, one of the country's biggest teams, was placed into liquidation.

Malcolm Murray is the club's former chairman and Paul Murray was previously a member of the board of The Rangers Football Club PLC, which was placed into liquidation last year.

"If a Company Voluntary Arrangement is not possible for any particular reason, any buyer of the club and its assets would complete that purchase through a sale by the administrators, allowing the club to continue to operate with the old company then being placed into liquidation prior to dissolution.

Over the last eight years Locog has secured revenues of £2.4bn from private sector programmes, but will now be placed into a solvent Members Voluntary Liquidation.

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