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According to the trustee, that cash — including $7.2 billion from the estate of Jeffry Picower, a longtime Madoff investor who died in 2009 — cannot be distributed until the resolution of appeals challenging the terms of those settlements and the formula Mr. Picard used to calculate eligible claims in the complex and controversial liquidation.
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Liquidation etiquette.
"Fire-sale liquidation".
Bankruptcy meant liquidation.
LIQUIDATION, by Imre Kertesz.
First was outright liquidation, tantamount to bankruptcy.
"We did a liquidation analysis.
(Pets.com is in liquidation).
BGH went into liquidation in July.
What about the liquidation of opposition Tamils?
It's practically a liquidation sale.
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