Keep in mind that many of these ETFs are created as a hedging vehicle for fund investors who want to instantly rebalance their risk perceptions without wholesale liquidations or re-deployment of their portfolio of investments.
In November, COC began the process of voluntary liquidation – without informing the cleaners, who continued to do their jobs, still without payment.
"RBS would have gone into liquidation without government support," says Hester, who was appointed just as the bailout was happening in October 2008.
Judge Bohanon wrote that his objective was to "assist a debtor in its reorganization or liquidation, without losing sight of the interest of creditors".
Lawyers for the airline said yesterday that US Airways would be in danger of liquidation without the emergency cuts, which the airline has asked the court to impose on unions that have not reached agreements on permanent cuts.
Thus if, without going into liquidation, or assigning these contracts, the company had entered into a contract with any competent party to do the repairs, and so had procured them to be done, we cannot think that this would have been a departure from the terms of the contract to keep the waggons in repair.
Those deals that are done typically take at least nine months and can stretch to longer than a year, says Mr Ginsburg.As countries around the region begin to restructure and recapitalise their banking industries, they will free the banks to write off non-performing loans or trade them for equity without going into liquidation themselves.
Without Daimler, Chrysler would be in liquidation; and without Chrysler, Mercedes would be confined to a limited future of narrowing horizons, as rivals encroached on the luxury market.
The liquidation value, without rezoning, was estimated at $120 million to $160 million.
CONNOR: We didn't want one of the biggest and most predatory for-profit colleges to disappear through the liquidation process without students getting debt relief.
