Since Mr. Kaplan's indictment, BetOnSports filed for liquidation and, in May 2007, entered a guilty plea to racketeering charges.
As The Times reported Monday, Saab filed for liquidation after a takeover by Chinese investors was blocked by General Motors.
The firm's spokesman, Russell Sherman, said: "Because the two funds are incorporated in the Cayman Islands, the funds' boards filed for liquidation there.
If it is not approved, Mr. Voser said, Combustion Engineering will file for liquidation and the additional contributions from ABB would be off the table.
By contrast, traffic at Dubai and Abu Dhabi grew by double digits throughout the Arab spring.Bahrain Air filed for liquidation on February 12th after just five years in business.
The Nippon Shinpan Company, Japan's biggest credit card company, said a subsidiary, Inter-Lease, had filed for liquidation owing 560 billion yen ($5.4 billion) to creditors, making it one of the country's largest bankruptcies of the year.
But Eva Cheng, Hong Kong's secretary for transportation and housing, said the company had made a voluntary filing for liquidation on Wednesday morning only after lengthy negotiations with a possible investor broke down on Tuesday.
The naming of Flowers as the initial bidder will begin the first auction of brands by Hostess, which filed for liquidation in late November after struggling with nearly $1 billion in debt and labor costs it called onerous.
On May 1st Coda, an American maker of battery-powered cars, declared bankruptcy; on the 26th Better Place, a much-hyped promoter of cars with swappable batteries (which raised nearly $1 billion in 2007), filed for liquidation in Israel.
But there are also disappointments, including Better Place, an Israeli company that was once cheered for its electric vehicle charging system, but is to be sold after filing for liquidation this spring.
