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Liquidation
In law, liquidation refers to the process by which a company (or part of a company) is brought to an end, and the assets and property of the company redistributed. Liquidation can also be referred to as winding-up or dissolution, although dissolution technically refers to the last stage of liquidation.
Liquidation may either be compulsory (sometimes referred to as a creditors' liquidation) or voluntary (sometimes referred to as a shareholders' liquidation, although some voluntary liquidations are controlled by the creditors, see below).
In finance, liquidation is also sometimes used as convenient shorthand for converting an asset to cash.
When Is a Liquidation not Like a Liquidation in a Chapter 7 Bankruptcy in Arizona?
Will they liquidate my house and my car and my food and my medicine?No.Probably. The only way "they" (not the "Men in Black") will liquidate your house is if your house is worth more than the mortgages on it, AND the exemption in Arizona...
Liquidation
The first “material possession” to go was the Toyota Scion tC. We (i.e. the wife and I) took it to Carmax and handed it over at a “wholesale” rate...
What is a Liquidation Preference?
The liquidation preference is the amount that must be paid to the preferred stock holders before distributions may be made to common stock holders...
Laird, Law Firms and Liquidation ? Up Next: Dreier LLP
UPDATE: Receivers can’t predict everything. A more recent AP report says Dreier will not personally be filing for bankruptcy...
Buyer beware at liquidation sales
KING 5 interviewed me for a story about liquidation sales.
Starbury Not Enough; Steve and Barry's Contemplates Liquidation
With its reliance on low cost shoes and clothing, often attached to prominent figures in sports and entertainment, you would think that retailer Steve and Barry's would be perfectly suited for the current economic times...
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