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But those preferences apply during a "liquidating event" or if the company is dissolved, wound up or liquidated.
Businesses can be created or liquidated overnight.
Other fund categories showed net losses as sponsors merged or liquidated funds.
The scheme has strict eligibility criteria including that the employer must be declared bankrupt or liquidated.
The rest of G.M. would be sold or liquidated in a process that could take much longer.
Failing local banks should be acquired by stronger local banks or liquidated if no such purchaser can be found.
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Glowsticking (or, liquidating) is pretty awesome too!
Now the company is exploring whether to restructure or liquidate.
The SPAC has a period — nowadays up to two years — to complete an acquisition or liquidate.
It said earlier this week that it might sell or liquidate its banking unit.
But in the last six months, nonprofit groups have filed to reorganize or liquidate themselves under the bankruptcy code.
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