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After the liquidation order was issued, Hublot stepped in to acquire a large part of BNB's machinery and hired Mr. Buttet as technical director and chief executive of a new entity, Confrérie Horlogère Hublot, along with 30 of BNB's former employees.
In October 2011 Hearts had to pay an outstanding tax bill or a liquidation order would have been enforced.
Just after HP decided to discontinue webOS devices, the company issued a liquidation order for its not-so-popular tablet.
The day after HP announces they're discontinuing all their webOS devices, and they've already issued a liquidation order.
Similar(55)
It may prefer to force the firm into liquidation in order to win that asset rather than engage in a restructuring negotiation that will keep the firm alive.
The next step is less clear: The court may order liquidation or give creditors a chance to reorganize the company and try to keep it a going concern.
When a bankruptcy court has ordered liquidation, the owners wait for the sheriff to come.
More recently, the Cayman Grand Court ordered liquidation of a locally registered fund run by Fletcher Asset Management after three Louisiana public pension funds brought a petition to wind up the Fletcher fund on "just and equitable" grounds.
Late last year, the Maqsudi family lost control of the Coca-Cola plant, the government ordered liquidation of the other business, and two cousins and an uncle of Mr. Maqsudi's were convicted on tax-violation and money-conversion charges.
[C3.] Contractor Is Ordered to Liquidate A court ordered the liquidation of Dong Ah Construction, a major international contractor and South Korea's second largest behind Hyundai Engineering and Construction.
We do the liquidation of assets in order to give them money to operate".
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