Sentence examples for towards liquidation from inspiring English sources
That has given the system an unfortunate bias towards liquidation, he fears.When times are hard, American firms find it easy to lay off workers.
"It looks as if it's heading towards liquidation," he told BBC South West.
Failure to deliver a deal soon could see the Edinburgh club move towards liquidation - following their weekend relegation from the Premiership.
The SPL had agreed a TV deal worth £80m over five years with Sky and fellow broadcaster ESPN before the old Rangers slipped towards liquidation.
Green's consortium bought Rangers FC plc's assets after the administration-hit company failed to gain support for a company voluntary arrangement and headed towards liquidation.
Rangers refused to attend the commission's initial meeting last week, saying that the SPL no longer had jurisdiction over the club because they were denied membership of the top flight after the previous owners headed towards liquidation.
It is less ruthless than Britain, which is quick to force firms into liquidation, but less indulgent than France, which has a "huge bias" towards propping up zombie firms on the assumption that this will save jobs, says Michelle White, a bankruptcy expert at the University of California, San Diego.
Bankruptcy meant liquidation.
LIQUIDATION, by Imre Kertesz.
