Sentence examples for order liquidation from inspiring English sources

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.

PARIS — In January, when BNB Concept, a leading maker of Swiss watch movements, filed for bankruptcy, the local court in Nyon, near Geneva, took just 20 minutes to order its liquidation.

Though it is possible that another buyer could emerge and thwart Cablevision's bid, or that the court will instead order a liquidation, lawyers for the Wiz said that was highly improbable.

Each bank decides on the order of liquidation.

We assume that all banks follow the same rule regarding the order of liquidation.

(ii) Are the results modified by the change of the order of liquidation?

When considering debt financing for your app business, it's critical that you understand this order of liquidation preference.