Sentences with phrase «liquidating its assets within»

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.

Not exact matches

Assets are considered current assets when they are expected to be liquidated into cash or be used within oneAssets are considered current assets when they are expected to be liquidated into cash or be used within oneassets when they are expected to be liquidated into cash or be used within one year.

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.

If the department store is to be liquidated, merchandise inventories are indeed a current asset, convertible to cash within 12 months at prices that conceivably could be close to book value, although much less than book value may be realized if the merchandise is disposed of in a Going Out of Business sale.

One to two years is a good goal to store as a combination of necessary supplies and assets that can be reliably liquidated within 3 to 6 months.

Rather than leaving a family behind to liquidate assets and struggle financially, the death benefit covers all the main costs and enables the loved ones to continue living within their means.