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"All told, it appears that the sale of Hostess may reap over a billion dollars, almost twice what the creditors initially expected if it had not been liquidated.
This is usually described as "stepping into the shoes" of the bankrupt organization, meaning that the trustee can only pursue those claims that Mr. Madoff's investment advisory firm could have brought had it not been liquidated.
If the Center director determines that a claim for a refund filed under § 10.3011 should be allowed and the entry covering the good has not been liquidated, the Center director will take into account the claim for refund in connection with the liquidation of the entry.
This was as a result of funds given in 1997 that had not been liquidated by the government (approximately 10 million shillings as of December 1998).
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Make no mistake about it: Central banks have not been liquidating their gold.
During his confirmation hearings, Mr. Geithner said the administration is preparing rules that would require executives at companies receiving taxpayer money to agree that any compensation above a certain amount — he did not specify how much — be "paid in restricted stock or similar form" that could not be liquidated or sold until the government had been repaid.
Most mutual funds will not be liquidating their portfolios, but the losses can be used by their portfolio managers to offset future gains.
Compensation analysts had predicted a shift from option grants to awards of restricted stock shares that are given to the executive but that can't be liquidated until time passes or performance targets are met -- and there were signs of that in the survey.
There are still hundreds of technically bankrupt companies that can't be liquidated.
The JP Morgan Charitable Giving Fund takes restricted stock, but if the stock can't be liquidated within three months, a 1%-per-month fee kicks in.
The company stressed the Waves aviation company, WO1 Ltd, and the sub company which delivered all Waves flights is still trading and isn't being liquidated.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com