The proposed plan to spend millions on retention bonuses for top - level executives has been accompanied by public outrage over reports that sales prices
during liquidation sales may have been intentionally inflated before being placed on sale,
During a liquidation sale, the first parties that are obligated to be paid are the debtors.
Not exact matches
During the
liquidation period, all
sales will be final and not returnable or exchangeable.
This name comes from the
liquidation sale that takes place
during some Chapter 7 bankruptcy cases.
During the
liquidation effort, cash generated from operations and property
sales would be used first to make required repayments of debt and other liabilities, and then distributed to common shareholders, the company said.