Not exact matches
The bill raises the asset threshold at which banks must comply with stricter capital and planning requirements, including yearly stress tests and developing «living wills» for an
orderly liquidation in times of crisis.
The Fund also notified the Company that it is primarily invested
in such securities, that it will begin an
orderly liquidation of such securities, that unitholders would no longer be able to redeem their units
in the Fund and that the Fund would redeem its units as it liquidated its investments.
Again, debt is never priced well, because issuers don't understand
orderly and forced
liquidation, whereby
in «
orderly», e.g. say Chapter 11, recoveries may be 80 cents on the dollar, and forced, e.g., Chapter 7, 10 cents on the dollar.
An
orderly liquidation over time is virtually certain to realize greater proceeds than a «fire sale,» but time is not always available to a company
in liquidation.
Counsel to the court - appointed Receiver of Blockbuster Canada,
in effecting an
orderly liquidation of approximately 440 retail stores with significant cross border issues
Represented the company
in court and orchestrated the
orderly liquidation of collateral as warranted.