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Administrator Paul Clark added: "HMRC has taken the view that the public interest will be better served with the liquidation of The Rangers Football Club plc as a corporate entity".
With the liquidation of the merchandise under way, Shabby Chic had one final asset to sell that clearly had some value: the name.
By his early 30s, as an accountant at Touche Ross, he was battling with the liquidation of what is still regarded as one of the most complex bank frauds ever, BCCI.
Chris Dodd, the Banking Committee chairman, assigned them to work together on the section of the bill having to do with the liquidation of troubled firms — making sure that there would never be another taxpayer bailout.
In the spring of 1940 the Soviets proceeded with the "liquidation" of the Polish officer corps, shooting nearly 15,000 men in Katyn Forest, including Mr. Wajda's father, and burying them in mass graves.
As then, those urging a diet of cold turkey, with the liquidation of zombie companies and "supply-side shock and awe", are those who can stand the racket: the better-off.
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If the administrator cannot reach agreement with creditors then the liquidation of Rangers becomes a real and distinct possibility.
Kerry Killinger, Washington Mutual's CEO, says in a press release that the thrift's "strategy of mitigating" such huge charges with gains and the liquidation of hedging instruments "has worked effectively".
Kerry Killinger, Washington Mutual's chief executive, says in a press release that the thrift's "strategy of mitigating" such huge charges with gains and the liquidation of hedging instruments "has worked effectively".
Wall Street law firm Milbank Tweed is working with Price Waterhouse in the liquidation of Hong Kong's Peregrine Investments, the largest investment bank in developing Asia, which went bust in January.
The Draft Treaty, however, does not deal, except incidentally, with the problems arising out of the liquidation of the Austrian empire, nor with the territories of two enemy powers, Turkey and Bulgaria.
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