Sentences with phrase «after liquidating the assets»

In other words, after liquidating the assets and having repaid all of the insurance obligations, the remainder would be the value left for shareholders.

Not exact matches

If the Trustee resigns and no successor trustee is appointed within 60 days after the date the Trustee issues its notice of resignation, the Trustee will terminate and liquidate the Trust and distribute its remaining assets.

After a quick game of tennis, Dino manages to insinuate himself into Giovanni's business by virtually liquidating all of his assets and buying into his hedge fund.

The decision to liquidate your assets will take place after meeting with the creditors.

After the article was published, I was contacted by Scottrade and pointed to another Scottrade announcement this past August when FocuseShares decided to shut down all 15 ETFs offered through Scottrade and liquidate all the assets held in those funds.

Bankruptcy is a legal declaration that you can't repay debts, even after all assets are liquidated.

They can liquidate some of your assets after you pass to generate enough cash.

Practically, shareholders are the least «senior» of a company's «creditors» but, in the even of the company dissolving, shareholders are owed their portion of the proceeds (if any remain after repaying more senior creditors) from liquidating the company's assets.

After all, liquidity means that you have assets that preserve value, such that you can liquidate and spend it.

After deducting total liabilities of $ 25M, we estimate IKAN's net current asset value at $ 60.8 M, and its liquidating value at $ 63.2 M or $ 2.19 per share.

On August 5 the shares were delisted (2 years after the approval of the liquidation) and the assets transferred into a liquidating trust with the result that the shareholders became participants in this trust with non-transferable shares.

In simplest terms, the net worth of an individual investor is the remaining dollar figure after liquidating all of his assets and retiring all of his debt.

In the case of Chapter 7 bankruptcy, assets are liquidated and the debt remaining after the dispersal of funds may be dismissed.

Your only viable asset would be the 401k, but after penalties and taxes for early withdrawal you would not have much left, and I would never recommend liquidating retirement assets to pay debt anyway (though if you did get really desperate you could always take a loan from the 401k to pay off the highest rated debt — you'd have to pay the money back though, plus interest).

If the company liquidates, however, common stockholders receive assets only after bondholders, preferred stockholders, and other debt holders have been paid in full.

This means that, generally, if the issuing company becomes insolvent and its assets are liquidated, you may only get back your money after all the secured creditors have been paid.

After the bubble pops, it becomes a question of what the underlying assets can be liquidated for, allocating losses mercilessly according to the loan documents and bankruptcy priority.

Northstar Neuroscience, Inc., (NASDAQ: NSTR), a medical device company developing therapies for the treatment of major depressive disorder, today announced that its Board of Directors has determined, in its best business judgment after consideration of potential strategic alternatives, that it is in the best interests of the Company and its shareholders to liquidate the Company's assets and to dissolve the Company.

We do not intend to make any further distributions until after we sell, liquidate or otherwise dispose of our remaining non-cash assets, consisting primarily of our RenovaTM Cortical Stimulation System and related intellectual property, and pay or otherwise make reasonable provision for the payment of claims against and obligations of Northstar.

We're aiming for a 40 % bond / 60 % stock allocation (for simplicity I'm using just two asset classes with the return assumptions as above and assuming everything is liquidated after 1 year — further allowing things to compound should make the shelter space for the higher - return equities even more valuable).

Without a life insurance policy, the executor of your estate may have to liquidate your assets in order to grant your wishes after you are gone.

After you've filed it with the court, neither you nor your spouse may sell or liquidate any assets.