Sentence examples for entered liquidation from inspiring English sources

Dynamic Decisions entered liquidation in May 2009, and no funds have yet been returned to investors.

Mr. Gores was reported to be among the potential buyers for Borders, but a deal never materialized, and the bookstore chain recently entered liquidation proceedings.

Tailormade entered liquidation in September 2013 because it could not afford to pay claims against it from hundreds of angry Harlequin investors.

This is one reason why America's municipal finances are a mess.Walmart discourages its workers from unionising partly because it sees what has happened to firms like Hostess Brands, an 85-year-old company that entered liquidation on November 21st.

King and Murray sat on the board of Rangers Football Club plc, which Craig Whyte put into administration in February 2012; it then entered liquidation in October 2012.

A precedent was set when Rangers Football Club plc entered liquidation in the summer of 2012, with the business and assets being purchased by Sevco Scotland, who were then also granted a membership transfer by the Scottish Football Association.

Redcar enters liquidation the following month with the loss of 2,200 jobs.

Jeff Mostyn, Bournemouth's chairman, had to inject his own cash to ensure that they did not enter liquidation.

When a company enters liquidation, its assets are sold off and the proceeds are shared out among creditors.

Palmer cannot be found personally liable for the debts of the company until a large number of steps have taken place, including the company entering liquidation, Palmer being found by a court to be a shadow or de facto director, the company being found to have traded while insolvent and Palmer being found to be liable for that trading and not having sufficient funds.

Section 216 of the Insolvency Act prevents directors of a company that enters liquidation from becoming directors of a company with a similar name.