Sentences with phrase «before liquidating its assets»

Jawbone scored a valuation of $ 3 billion and had raised $ 930 million in venture funding before liquidating its assets.

Not exact matches

Before starting Shofur, I proposed the idea of liquidating his assets and doing a tech - based business together.

But having a note means the investor has a kind of liquidation preference - they will receive value, if any, from the liquidating company's assets, before the founders do.

As it turns out, Shaun's father had liquidated his assets before his death, storing $ 4 million in a hidden safe somewhere in the sprawling estate.

You should always check your contract before transferring from one annuity to another.You may wish to seek independent legal or financial advice before selling or liquidating any assets and prior to the purchase of any life or annuity products.

And it's far better to get in front of this problem before you are forced to make changes such as being evicted from your home or being forced to liquidate valuable assets in order to pay for a lifestyle you can't really justify.

If the trustee liquidates a secured asset with non-exempt equity, he or she must pay off the secured creditor first before satisfying the unsecured debt.

I'm still hoping that the reason for the delay in liquidating the company is to avoid the convertible note dilution; management first pays off the convertible note in June before announcing a sale of the remaining assets.

Over the next 18 months the share price gradually receded, and if one waited until 30 to 75 days before the assets were put into the liquidating trust on Aug 5, 2016 this would have been the second best time to buy.

I assume the discount widened to the 15 - 20 % range when it became clear that liquidation was not going to be completed before the 2 year deadline, i.e. the remaining assets were going to be put in a liquidating trust.

Sometimes the IRS requires that you liquidate assets that you own to satisfy some tax debt before any payment plan can be accepted.

This means that you will have to sell or liquidate many of your assets before Medicaid will pay for your LTC expenses.

These factors have significant income, estate and gift, and financial aid qualification considerations that should be discussed in detail with your tax advisor before any decision is reached on liquidating UGMA / UTMA assets and investing them in a Franklin Templeton 529 college savings plan.

Most financial institutions and insurance companies now require a Certificate before liquidating any of the deceased's assets.

Before you take drastic measures, such as draining retirement savings accounts, liquidating assets, or using a «debt stopper» or consolidation agency, discuss your options with an experienced attorney at our firm.

First, the guaranty association directs liquidated assets to pay out claims before any other corporate debts or liabilities.

Prior to purchasing the new life insurance or annuity product, you or your representative may wish to consult independent legal or financial advice before selling or liquidating any assets.

For those retirees who are in search of cash to help ease their financial burdens in retirement, it might be prudent to first seek to liquidate some unneeded assets before checking out the Help Wanted websites.

If you lack sufficient funds to pay for this care on a long - term basis, you will have to liquidate your assets before you can receive Medicaid assistance.

This means that you will have to sell or liquidate many of your assets before Medicaid will pay for your LTC expenses.