Chapter 7 bankruptcy laws outline a process
called liquidation, in which some of the debtor's assets are sold by the court in exchange for total forgiveness of eligible debts.
A bankruptcy filing under Chapter 7 is
called liquidation.
It is, however,
called a liquidation bankruptcy, which means it allows a court - appointed trustee to accumulate your nonexempt assets and sell them to generate funds to repay certain creditors.
Chapter 7 bankruptcy is
called a liquidation bankruptcy because it allows a court - appointed bankruptcy trustee to be appointed to your case, gather your nonexempt assets, and liquidate them to repay your qualifying creditors.
Also
called liquidation or straight bankruptcy, Chapter 7 bankruptcy cancels most or all of your debts.
Not exact matches
Hensarling and other Dodd - Frank critics have
called that ability — known as «orderly
liquidation authority» — a bailout, even though any taxpayer money used is supposed to be recouped from the sale of the company's assets or an assessment on the financial industry.
Common equity classes are considered to be a
call option with a claim on equity value at an exercise price equal to the aggregate
liquidation preferences for the preferred equity classes.
All of this reflects what might be
called a «
liquidation syndrome» that is selective for awful drops that began in 1969, 1972, 1987, 2000, 2007, and the more moderate but still steep losses in 1998, 2010, and 2011.
Treasury Secretary Geithner (who has also argued against the sort of pre-set
liquidation pool McConnell opposes) says nonetheless McConnell is wrong
calling it a taxpayer bailout.
You
call the company and learn that this is precisely what you are due, because you held common stock while the venture - capital investors invested $ 50 million with a 2X
liquidation preference.
Borders»
liquidation had nothing to do with the acquisition, Reisman said in a
call following the announcement.
CEO William Lynch recently
called retail stores «our biggest competitive advantage,» yet it's unclear how well this efforts are working: Store sales decreased by 1 percent in the quarter, and physical book sales declined, though the company said those sales «were positively affected by the
liquidation of the remaining Borders stores.»
Three activist investors, Biotechnology Value Fund (BVF), Millennium Technology Value Partners and Highland Capital Management, hold approximately 45 % of NTII's outstanding stock and have
called for its
liquidation.
The tender offer is conditioned upon, among other things, (i) the BVF Nominees being elected to Avigen's board of directors at a special meeting of stockholders
called for that purpose, or otherwise appointed, and constituting a majority of directors on Avigen's board, (ii) the Avigen board redeeming the poison pill rights issued and outstanding under Avigen's Poison Pill Rights Plan, or the Purchaser being satisfied in its reasonable discretion that the Poison Pill Rights are otherwise inapplicable to this tender offer, the Purchaser or any affiliate or associate of the Purchaser and (iii) Avigen not having authorized, recommended, proposed, announced its intent to enter into or entered into an agreement with respect to or effected any merger, consolidation,
liquidation, dissolution, business combination, acquisition of assets, disposition of assets, alternative strategy or relinquishment of any material contract or other right of Avigen or any comparable event or capital depleting transaction not in the ordinary course of business.
Its board simultaneously announced new managers for, and
liquidation of, KF Griffin Blue Chip Covered
Call Fund (KFGAX).
Buffett in his early career made his fortune buying extremely low - quality business like Berkshire Hathaway, which was a dying textile business, at extremely low multiples of cash flow and / or discounts to
liquidation value, so
called net nets.
Greenbackd is so
called because it was initially solely devoted to stocks trading at a discount to net cash value (stocks backed by a surplus of Greenbacks, hence «Greenback'd»), net current asset value, negative enterprise value, or
liquidation value.
A sell of an existing position may satisfy a day trade
call but is considered a day trade
liquidation.
Sometimes
called the Wage Earner's Bankruptcy, Chapter 13 allows those with enough income to repay all or part of their debts an alternative to
liquidation.
Therefore, the result of any margin
call is subsequent
liquidation unless otherwise specified.
Call the designated charities and ask for their «stock
liquidation brokerage account.»
It may very well be that BVF is in this to eventually
call for a
liquidation.
One reason for
calling such purchases bargain issues is that usually net - current - asset values may be considered a conservative measure of
liquidation value.
Liquidation bankruptcies are
called «Chapter 7» and reorganization bankruptcies are known as «Chapter 13» (because of the section of federal law these are found in).
The debt
liquidation is
called a discharge.
There are plenty of other examples, but suffice it to say, the pain felt by other bond investors was widespread as a massive number of margin
calls caused a snowball of bond
liquidations.
On the conference
call following the announcement, management DID affirm that the transaction will not negatively impact the
liquidation NAV estimate that management will publish at the end of the 3rd quarter.
However, if you sold the
call at your
liquidation price, you should be okay with the trade.
Our records show that there wasn't a sufficient deposit or
liquidation in your account yesterday to cover your Reg T
call, and thus your
call is now past due.
@Mindwin: Such
calls are forbidden on mortgages issued for owner - occupied residences, at least in the U.S.; mortgage lenders are required to accept the risk that even if the value of the collateral is spiraling downward they will be unable to force
liquidation.
Given that some other managers may have been more aggressive, your excess capital can disappear, as more aggressive mangers miss margin
calls, and the pressure of their
liquidations, forces your more conservative positions down, and you have to liquidate also.
Hopefully management can hear the drum beats
calling for
liquidation.
MARGIN
CALLS AND
LIQUIDATION OF POSITIONS Initial margin for new positions and maintenance margin for existing positions must be maintained in accordance with Authorized RFED's requirements, which may be adjusted from time to time without prior notice.
MARGIN
CALLS AND
LIQUIDATION OF POSITIONS Initial margin for new positions and maintenance margin for existing positions must be maintained in accordance with Carrying Broker's requirements, which may be adjusted from time to time without prior notice.
A Chapter 7 (sometimes
called a «
liquidation bankruptcy») is a bankruptcy in the common parlance of layman's terms.
If you have any questions regarding this
liquidation, please contact your financial advisor or
call Franklin Templeton Investor Services at (800) 632-2301 for more information.
These losses would trigger immediate margin
calls and
liquidations from brokers.
And of those which traded significantly below, some might be expected to flirt with
liquidation values which
called into question whether or not the «going concern» valuation was appropriate.
In addition to broker margin
calls and
liquidations, investment managers face
liquidation threats from their investors.
Investor Tymothi O. Tombar filed a 13D notice on July 30, 2009 disclosing a 5.8 % holding and
calling for the
liquidation of the company.
As leverage dries up, those with the most leverage on overvalued asset classes get margin
calls, leading to forced
liquidations.
GREENBLATT: Well, junior year, I read an article actually in Forbes Magazine about Ben Graham's stock picking formula, and it was really what they used to
call net - net or stock selling below their
liquidation value and it seems very simple to me because I was at Wharton at the time and they were learning efficient market theory and none of it resonated with me.
Chapter 7 bankruptcy is sometimes
called «
liquidation» bankruptcy because it cancels your debts in exchange for allowing the bankruptcy court liquidate (sell) some of your property for the benefit of your creditors.
Let's
call this rapacious and ignorant forest
liquidation, not land use changes or logging practices.
We've even received
calls from partners to discuss bankruptcy and that the possibility of moving house is no longer possible, due to the Limited Liability Partnership (LLP) they joined going into
liquidation.
Chapter 7 bankruptcy is usually
called «
liquidation» because the bankruptcy trustees in Chapter 7 bankruptcy cases may opt to sell any non-exempt property the debtor owns.
The simplest and quickest way to file for personal bankruptcy in Tennessee is with a Chapter 7 bankruptcy, also
called a Straight Bankruptcy or
liquidation.
Chapter 7 bankruptcy is often
called as «
liquidation» because the bankruptcy trustee in your Chapter 7 bankruptcy case has the option to liquidate, or sell, any of your non-exempt assets.
Chapter 7 bankruptcy is often
called «
liquidation» because in Chapter 7 bankruptcy cases, the bankruptcy trustee has the option to liquidate (sell) any non-exempt property owned by the debtor.
Chapter 7 offers filers a discharge of unsecured debt and is sometimes
called «
liquidation.»