The phrase "liquidation process" is correct and can be used in written English.
It is a term used to describe the legal process by which assets are sold in order to pay off creditors and dissolve a business. For example, "We are beginning the liquidation process in order to close the business."
And even during the liquidation process, e-commerce looms large.
That could offset the downward pressure on ratings from the Dodd-Frank liquidation process, Moody's said.
The airline may return many of these planes as part of the liquidation process.
KPMG, which is managing the liquidation process, said today that it had received more than 30 inquiries.
"There are people there who have lots of experience in strategically minimizing the costs in the liquidation process" to consumers.
Typically, the liquidation process runs smoothly under the supervision of federal bankruptcy courts, which generally send a court reporter to lease auctions to record the proceedings.
The only other option would be liquidation, a process that he said would benefit no one.
"What we don't want to do is mix the terminology here and start to portray liquidation as a process which creates the cessation of the business.
Eventually, the authorities decide to liquidate the Inauguration Service, and the question arises: Who should inaugurate the process of liquidation — an inaugurator or a liquidator?
"Should the application be approved, then Malcolm Cohen and James Bernard Stephen of BDO will be appointed liquidators of RFC 2012 plc, and will undertake the process of liquidation of the 'oldco' company and the continued recovery of funds for creditors".
In May, IDT took over management of the local telephone upstart Teligent, which is now in the process of liquidation.
