Life insurance can save
a business from liquidation if a partner, the CEO or a key person dies but it is often shoved to the side because companies look for help in all the wrong places.
Not exact matches
It bought the Hong Kong - based consumer electronics arm
from Philips in 2014, and started to wind down the unsuccessful
business — including formal
liquidation proceedings in Hong Kong, the United Kingdom and six European countries — on April 30, according to court papers.
While the first paper restricted itself to TARP, a second paper
from Harvard
Business School found that large investors tend to trade more in periods ahead of portfolio
liquidation announcements, giving select clients a competitive advantage over retail investors.
In the 13D filing the individual states his intent which is «As Aspen currently has no active
business operations and a significant amount of liquid assets, (individual name) believes that there is broad shareholder support for the implementation of a plan of
liquidation and distribution of substantially all the proceeds
from the Sale and Aspen's additional liquid assets to Aspen's shareholders.
A chief restructuring officer was brought in
from Capstone Advisors and, after a period of reviewing strategic alternatives including acquisitions, a
business combination, the sale of the company or
liquidation, new management concluded that
liquidation was in the best interest of shareholders.
If our shareholders approve the Plan of Dissolution, we will change our basis of accounting
from that of an operating developmental stage enterprise, which contemplates realization of assets and satisfaction of liabilities in the normal course of
business, to the
liquidation basis of accounting.
the fact that we had vigorously and comprehensively explored strategic alternatives, including undertaking extensive efforts, with the assistance of a financial advisor, over a six - month period to identify a financial or strategic buyer interested in a
business combination that would provide value to shareholders in excess of the estimated
liquidation value, or a strategic transaction that would mitigate risks
from our continuing operations to develop our cortical stimulation technology, and that no strategic or financial partner had expressed interest in pursuing such transactions;
Since value investors attempt to buy securities trading at a considerable discount
from the value of a
business's underlying assets, a
liquidation is one way for investors to realize profits.
As Aspen currently has no active
business operations and a significant amount of liquid assets, Mr. Tombar believes that there is broad shareholder support for the implementation of a plan of
liquidation and distribution of substantially all of the proceeds
from the Sale and Aspen's additional liquid assets to Aspen's stockholders.
Warren or other activists could thus acquire the
business, pay off the creditors and profit
from the proceeds of the
liquidation.
Michael P. Cooley has a comprehensive practice centered on matters of federal bankruptcy law,
business reorganization and
liquidation, and creditors» rights in bankruptcy cases and in out - of - court restructurings ranging in size
from a few million dollars to several billion dollars.
Business interruption insurance has saved many
businesses from complete
liquidation.
But when
business life insurance saves your company
from liquidation or is available as bank collateral when an opportunity arises, well, it's apparent that life insurance poor is a phrase for whiners and not prudent
business owners.
After repeated requests
from various attorneys and associates, he moved into stock
liquidation work and
business broking as well, using the network built up over the years to get good, quick sales for his clients.