The Bank of Ghana has however decided to
liquidate the assets of DKM Microfinance to offset their debts and pay back customers who have their investments locked up.
In a corporate Chapter 7, there are no exemptions and the trustee will step in to
liquidate the assets of the company (if any) in an orderly fashion.
Was it to
liquidate the assets of the vendor (TUPE does not apply) or to rescue the business (TUPE applies)?
Often, the simplest way to convert a business is to dissolve, and totally
liquidate the assets of, a corporation or LLC, distributing the assets to shareholders and / or owners.
The Supreme Court of Canada has agreed to hear the Indalex Limited case, which will determine if underfunded pension plans should be treated as a priority when it comes time to
liquidate the assets of a bankrupt company.
The U.S government is preparing to
liquidate all assets of Aaron Michael Shamo following his recent arrest, including his Ford pickup truck, BMW, and his nearly $ 10 million worth of Bitcoin and Bitcoin Cash.
Not exact matches
The family is still in the process
of liquidating assets and investing the proceeds in cryptocurrencies as they go.
Before starting Shofur, I proposed the idea
of liquidating his
assets and doing a tech - based business together.
Consider Toys «R» Us, which is
liquidating its
assets even with its 13.6 percent share
of the U.S. toy market.
Jawbone scored a valuation
of $ 3 billion and had raised $ 930 million in venture funding before
liquidating its
assets.
Procedures were in place to discount bills for immediate payment, and to evaluate the borrowing capacity
of enterprises whose
assets could be quickly
liquidated, or well attested income streams that could be capitalized to carry bank loans, as in the case with real property.
Unfortunately, customers
of Huobi and OKCoin might be forced to
liquidate their cryptocurrency
assets, as withdrawals will be made in renminbi — something that could trigger unwanted tax burdens.
Even with a significant amount
of positive working capital, however, a company can experience a cash shortage if its current
assets are unable to be
liquidated quickly.
If the
assets in these accounts were
liquidated entirely in one year, the proceeds might increase the tax bracket to the marginal federal income tax rate
of 43.4 % (39.6 % ordinary income tax plus 3.8 % Medicare surtax), which would minimize and potentially eliminate any savings.
Fairview maximizes portfolio value while alleviating administrative burden and provides monitoring and
liquidating of legacy
assets.
The banks also would be excused from submitting plans called «living wills» that spell out how a bank would sell off
assets or be
liquidated in the event
of failure so that it wouldn't create chaos in the financial system.
Loss on IRA Liquidation In rare circumstances it can make sense to
liquidate an IRA when your basis in the IRA exceeds the value
of the
assets.
There is no guarantee the exact WealthGuard ™ value will be captured, or
assets will be traded or
liquidated the same day the WealthGuard ™ value is reached due to time
of day and / or market restrictions.
We expect that the New Credit Facility will contain a number
of covenants that, among other things, restrict SSE Holdings» ability to, subject to specified exceptions, incur additional debt; incur additional liens and contingent liabilities; sell or dispose
of assets; merge with or acquire other companies;
liquidate or dissolve itself, engage in businesses that are not in a related line
of business; make loans, advances or guarantees; pay dividends or make other distributions (with certain exceptions, including tax distributions and repurchases
of management equity); engage in transactions with affiliates; and make investments.
10 «Liquidity illusion» describes a situation in which market participants systematically underestimate the cost
of liquidating the
assets that they hold; see Nesvetailova (2008).
If it tumbles below the value
of the portfolio, they can require you to start
liquidating assets to pay back the loan.
If the yield for any
of them are less than your mortgage rate,
liquidate that
asset and apply the proceeds to paying down your mortgage.
More recently, a more shareholder - friendly board has reined in the manager and are working towards
liquidating all
assets by the end
of 2019.
Most notably, RNY Property Trust's (RNY) net tangible
assets (NTA) deteriorated over the year as its manager, New York based RXR Realty, announced it was
liquidating the Trust's portfolio
of office buildings (see below).
But having a note means the investor has a kind
of liquidation preference - they will receive value, if any, from the
liquidating company's
assets, before the founders do.
The sovereign wealth funds
of oil - producing nations are
liquidating non-energy
assets or at least not buying them.
Security and transparency Smart contracts regulate the procedures
of blocking, returning or
liquidating collateral
assets.
If the Trustee resigns and no successor trustee is appointed within 60 days after the date the Trustee issues its notice
of resignation, the Trustee will terminate and
liquidate the Trust and distribute its remaining
assets.
He carried an immense amount
of life insurance, so he «
liquidated his final
asset.»
A dark day for rough approximations
of food, as Hostess has filed a motion in bankruptcy court, asking to
liquidate its
assets and go quietly into that great night.
Organic Avenue, a juice bar chain that floundered financially and shuttered all 10
of its stores yesterday, has filed for Chapter 7 bankruptcy, a move that will allow it to
liquidate assets.
If AFC sold off its entire business,
liquidated its
assets and cashed out completely the cash raised would be a small fraction
of the lose change down the back
of Abramovich's sofa.
Caritas Healthcare Network, which owned the two hospitals, at the end
of February filed for bankruptcy protection and began the process
of liquidating its
assets within weeks.
Now it is time to pay the piper and the entire economy
of Britiain is being
liquidated,
asset - stripped and monetized and its currency thoroughly debased in order to bail out the bankrupts.
No other hormone has the ability to
liquidate your
assets in the presence
of danger quite like cortisol.
He decides this is the break they have been waiting for, convincing Linda that they should «drop out
of society»,
liquidate all
of their
assets, buy a Winnebago, and spend the rest
of their lives traveling the country and «finding themselves».
After a quick game
of tennis, Dino manages to insinuate himself into Giovanni's business by virtually
liquidating all
of his
assets and buying into his hedge fund.
Now that substantially all
of the
assets (i.e. the SBX Project)
of SBX LLC have been sold to SANDAG, TIFIA and the Bank Lenders are in the process
of liquidating and winding down SBX LLC.
The diagrams were convincing, but in the end Ajarry was another
asset liquidated by order
of the magistrate.
When Borders went out
of business in 2011, the company went to receivership to
liquidate all
of their
assets, among their property was the Kobo license.
When Borders went out
of business a few months ago and went to receivership to
liquidate all
of their
assets, among their property was the license.
BlackRock Ultra-Short Obligations Fund (BBUSX): «On or about November 30, 2015, all
of the
assets of the Fund will be
liquidated completely.»
This plan
liquidates your current
assets, if you have any, to pay off as much
of the debt you owe as possible.
When the amount
of equity in the account gets too low, more
assets have to be added, or stocks will have to be
liquidated to protect the margin loan that the broker made.
Hence our first thesis, viz., that the current -
asset value affords a rough measure
of the
liquidating value.
Under my proposal, instead
of freezing redemptions, units are eliminated for the capital losses to the degree that it is not in the interests
of anyone to
liquidate assets.
Highland Capital asserts that it is [NTII]'s Board
of Directors» fiduciary duty to the public shareholders to
liquidate these
assets, wind down business, and return all proceeds to the public shareholders.
Book value is the fair value
of a company's
assets that, theoretically, shareholders would receive if the company were
liquidated (meaning it sold all
of its
assets and paid all
of its debt).
The price to tangible book value ratio to some degree overcomes this issue and more closely represents what common shareholders can expect to receive if the firm goes bankrupt and all
of its
assets are
liquidated at their book values.
Chapter 7 bankruptcy, also known as a liquidation
of assets,
liquidates eligible
assets to pay off as much
of your outstanding debt as possible.