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"If it was applied universally, many companies would be liquidated.
The delegates eventually agreed that the bank would be "liquidated at the earliest possible moment".
That American subsidiary recently announced that it, too, would be liquidated.
"When we were on a pre-season tour, I was told the club would be liquidated the next day".
OutsourceWorld's bankruptcy lawyer, Philip J. Landau, said the company would seek bankruptcy protection and would be liquidated.
In the restructuring plan announced on Tuesday, Mr. Conaway said that unprofitable product lines would be liquidated and canceled.
Similar(38)
Steven Payne of The Daily Kos said he and his husband, Brian, would be "liquidating our assets" ahead of a legal ruling in the case, which he jokingly suggested is a matter for the Supreme Court.
While Miller's proposal involves a CVA (Company Voluntary Arrangement) in parallel with the creation of a "newco" Rangers, without Whyte's agreement to transfer his 85% stake in the club, the "oldco" would ultimately be liquidated, barring a successful legal battle.
The ITS representative I spoke with wasn't willing to give a definitive answer on whether a house would always be liquidated to pay creditors, saying these details were decided on a case-by-case basis, weighing up the value versus the debts with other factors such as the individual's living and family situation.
Investors who picked a fund on January 1 , 1997that survived, had a 22percentt chance of selecting an outperforming fund, but they had a 79percentt chance of picking a fund that would underperform, be liquidated or have a life cycle too convoluted for the study to untangle.
Just 11 days after its Chapter 11 filing, it became clear that the company would have to be liquidated.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com