The phrase "under liquidation" is correct and usable in written English.
It is typically used in a financial or business context to indicate that a company or asset is in the process of being sold off to pay creditors.
Example: "The company has announced that it is under liquidation and will be selling its assets to settle outstanding debts."
Alternatives: "in the process of liquidation" or "going through liquidation."
F.D.I.C.'s total assets under liquidation have been soaring, and not just in Oklahoma City.
Now, Mr. Heafy says, his office has more than $1 billion in assets under liquidation, compared with $200 million in 1984.
Park was repeatedly asked by creditors about the prospect of clawing back that money under liquidation, after Palmer this week denied he was personally responsible for paying out his workforce.
The players who, on a going concern sale are treated as 'football creditors' and must be paid, lose all such rights under liquidation and will be treated as ordinary unsecured creditors.
Certification is an attempt to favour the profitability of sustainable forest management while, at the same time, reducing the profitability and market access for wood originating in forests under liquidation.
SELLING WAVE HITS COTTON PRICE LIST; Market Turns Weak Under Active Liquidation, With Day's Loss 42 to 56 Points.
Corn futures also came under heavy liquidation and the Sep tember contract gave up more than 2 cents.
Archives|SELLING WAVE HITS COTTON PRICE LIST; Market Turns Weak Under Active Liquidation, With Day's Loss 42 to 56 Points.
Specifically, Title II is aimed at "ensuring that payout to claimants is at least as much as the claimants would have received under bankruptcy liquidation".
Under the liquidation authority, regulators would safely shut down a major financial firm in the same way the Federal Deposit Insurance Corp. winds down failing banks.
At the heart of the existing process is a strategic choice between liquidation under Chapter 7 or rehabilitation under Chapter 13.
