Business interruption insurance has saved many businesses
from complete liquidation.
Are there not rules that govern funds, in order to protect the investors in the funds
from complete liquidation due to leveraging by the managers and at any rate doesn't someone review the activities of the fund managers?
Not exact matches
This applies to both direct and indirect transactions, but not to distributions of property
from a corporation in a
complete liquidation.
The play here is not related soley to the intial distribution but is primarily based on any secondary distributions
from 1) funds left over after the
liquidation is
complete, and, more importantly, 2) funds that might be generated
from selling non-cash assets (such as intellectual property).
If the buy back is
completed at the current stock price, the company's per share
liquidation value will increase by 17 % to $ 6.69, which presents considerable upside
from the present price.