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They favor the ultimate liquidation or breakup of the two companies after the crisis has passed.
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Liquidation is the ultimate sanction.
MG Rover may now be in liquidation, but Phoenix Venture Holdings (PVH), the master company owned by the Phoenix Four and the ultimate owner of the car company, is not.
The funds will be distributed under the direction of David Pitofsky and Bart Schwartz, the receivers overseeing the liquidation of the Merkin funds, with New York State Justice Richard B. Lowe III, who approved the settlement, as the ultimate arbiter.
Liquidation etiquette.
"Fire-sale liquidation".
§ 36.4513 Foreclosure and liquidation.
Prepayment, acceleration, and liquidation.
Bankruptcy meant liquidation.
Chapter 7 is liquidation.
Foreclosure and liquidation.
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