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The Moody's report notes that "a much higher percentage of bankrupt LBOs were acquired or emerged from bankruptcy instead of being liquidated".
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UBIG, who are in the process of being liquidated in Lithuania, abstained from the CVA vote.
They argue that the company in breach of the rules is being liquidated.
"That", I said, "is why so much of what we value is being liquidated.
Giza's company was being liquidated and every vestige of his illustrious future had come undone.
Solyndra is being liquidated.
Heelys is then being liquidated.
Keystone V is being liquidated.
It ended up being liquidated.
Caldor is being liquidated anyway.
Type II error occurs when viable firms are liquidated instead of reorganized (White 1994).
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com