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Holden, the local division of General Motors, and Toyota are also in the process of winding up their Australian manufacturing operations.
When B.C.C.I. failed last year, its branch in Buenos Aires was already in the process of winding up its activities with the approval of the Argentine Central Bank.
The first, the Special Court for Sierra Leone, was set up in the capital, Freetown, in 2002 to try the leading figures in that country's savage 11-year civil war; it is now in the process of winding up.
Authorities in Cyprus are in the process of winding up the Laiki Bank.
On Friday 20 July 2007 Bristol Community Festival Ltd, the not-for-profit company which organised the event, announced that it had started the process of winding up the company due to unsustainable financial losses.
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Indeed, for the banking sector to face up to the destructive power that the industry can wreak on society, the processes of winding up and selling off the remains of failed banks are in future to be made so painful that investors and management will think hard before leaping into the void of voodoo finance.
Many of those who are now facing redundancy can expect a visit in a couple of weeks from a senior civil servant in their funding department who will outline the process for winding up the organisation – politicians, of course, don't want to get their hands dirty.
TechCrunch understands that TweetDeck's failure to file its U.K. accounts is part of a process to wind up the company's status as a separate corporate entity to its parent company Twitter.
Late last year TweetDeck failed to file U.K. accounts with Companies House, and continued failure to file ultimately led to the dissolution of the company as a separate entity earlier this month, on May 7. TweetDeck's failure to file accounts was part of a process to wind up its status as a separate corporate entity to its parent company.
The Press Complaints Commission, a self-regulating industry body whose members include serving editors, is in the process of winding itself up after it was criticised for failing to address a phone-hacking scandal at Murdoch's now-closed News of the World weekly.
Herefordshire Council said: "As Hereford United Football Club (1939) Limited is in the process of being wound up and a liquidator will be appointed, this action triggers the council's right as landlord to forfeit the leases.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com