Since this will involve liquidating debtors, including many small firms, it is unpopular with politicians, who will resist any money that comes with strings attached.
James L. Winchester, an analyst with Lazard Frères, said, "Market sources had indicated that Renaissance may be planning to file Chapter 7, which if correct, would involve liquidating its assets".
With a strict one- or two-period view of the situation, one can imagine the case of an investor placing monies in the market at the start of the period involved, liquidating the position at the end of the period and consuming the resulting accumulated wealth.
The complaint alleged Britain had ties to the alleged criminal conspiracy from its earliest stages: a UK citizen, Stephen John Kelly, served as a nominee, or "sham" director, for British Virgin Islands-based offshore companies involved in liquidating the companies used to claim the allegedly fraudulent tax refunds.
When the system has failed, it often seemed to involve an executive liquidating shares that turn out, after the fact, to have been overvalued at the time of sale.
Reverse break-up fees and guarantees provided by private equity firms are fairly standard in public-to-private REIT deals, which often involve reverse termination fees, or liquidated damages provisions, of roughly 7-107-10%overall transaction value.
The Government maintains that Mr. Reimer, who was born in the Ukrainian Republic of the Soviet Union and served in the Soviet Army until his capture by the Nazis, helped train guards at the camp and led his units on duty that involved killing Jewish prisoners and liquidating Jewish ghettos.
The picture's story involves two brothers who are liquidating their father's video store and come across a haunted game.
"We're liquidating the liquidator," she says.
Because the conjectured liquidation involved a big fund that needed to be liquidated quickly, this implies that the impact of the liquidation on other similarly positioned quantitative equity funds would be negative and large.
If the court feels that, in the best interest of the parties involved, the assets should be liquidated, the court will authorize the receiver to sell the assets at a judicial sale, which is conducted in the form of an auction.
