Sentences with phrase «liquidation process»

The phrase "liquidation process" means the method of selling off a company's assets in order to pay off its debts. Full definition
In the end, the most essential parts of the business and holdings could be sold as «living» companies due to a quick and efficient liquidation process.
Under the legislation, failing financial firms would be forced to go through the bankruptcy process rather than the «orderly liquidation process» run by regulators under Dodd - Frank.
Gyro dyne Corp. (GYRO) has announced a distribution of $ 1.00 per share as part of their long - term liquidation process.
Until last July, the combined business had a market capitalisation of nearly # 1bn, but today PwC is managing the lengthy liquidation process to salvage what it can for its many creditors.
Responsible for developing litigation strategy for bankruptcy case, including pursuit of fraudulent conveyance claims against former owner while negotiating consensual liquidation process.
If the insurer encounters financial problems that require placement of the insurer into a rehabilitation or liquidation process by a state regulator, the involvement of the state insurance guaranty association may be triggered to ensure that claims are paid.
One part of the Dick Smith business has been snapped up by an entity affiliated with Harvey Norman, although employees will still need to wait for a liquidation process to receive overdue entitlements.
Gift card holders are now among a vast group of creditors — including Toys R Us suppliers — that will be looking to get paid back through the liquidation process.
Target's U.S. parent company announced that it would take a $ 5.4 billion writedown on the closure of its Canadian arm and that Target Canada stores will remain open during the liquidation process.
Of the total 60 platforms that have held token offering - related activities inside China, over half have launched the liquidation process or suspended the ICO services upon the news, local media reported.
Because the company needs to value to its outstanding debts and assets during the liquidation process, it's pushing for a final conclusion to the SGEIS process.
If you know me, you know Loehmanns is MY STORE (next to Marshalls, of course) and although I am deeply saddened by Loehmanns» liquidation process, the killing I made at the liquidation sale came of some consolation.
Borders said it would ask the court Thursday to approve the bid by the companies to purchase Borders» assets and administer the liquidation process.
Borders expects to pay vendors for any expenses incurred during the liquidation process.
There is no need, nor reason, to waste time or shareholder resources on advisors or to delay the liquidation process in order to explore risky alternative strategies, courses certain to result in further diminution of value for all shareholders, when the majority of the stockholders of the Company appear to have already made their views perfectly clear.
Millennium expressed its strong belief that these plans should be implemented immediately and that there is no need, nor reason, to waste time or shareholder resources on advisors or to delay the liquidation process in order to explore risky alternative strategies, courses that Millennium believes are likely to result in further diminution of value for all shareholders.
The Liquidation Process ETFs that close down have to follow a strict and orderly liquidation procedure.
Chapter 7 is a liquidation process designed to wipe out all your existing loans through the repossession of your nonexempt assets.
The fund lost two - thirds of its assets within a day and had to suspend operations just to further the liquidation process.
The liquidation process is entirely electronic, and there is no discretion on FXCM's part as to the order in which trades are closed.
We encourage Avigen to engage with MediciNova during the liquidation process; we intend to be helpful in this regard.»
A company operating in diverse business lines, however, might find a liquidation or breakup to be the value - maximizing alternative, particularly if the liquidation process triggers a loss that results in a tax refund.
But with the decision to liquidate and a new management team heading the liquidation process since March of this year all the problems were supposed to be behind it.
By 1991 investors who purchased City Investing Liquidating Trust at inception had received several liquidating distributions with a combined value of approximately nine dollars per unit, or three times the September 1985 market price, with much of the value received in the early years of the liquidation process.
Returns of capital may begin to make sense at some point also — the logical extreme here may be a wind - up / liquidation process to realize value.
I was very positive about management when they first decided to put the REIT into liquidation almost 3 years ago but now I'm beginning to wonder if they are not just dragging out the liquidation process for their own benefit.
(An aside — long - term holders of ETFs get nipped by the creation and liquidation processes, because both diminish the value of the ETF to long - term holders.
Basically this company is going through a drawn out liquidation process (it's been going on for at least a few years) in order to fully maximize shareholder value.
That means I would be investing at most $.03 per share for the possibility of further upside if some of the withheld cash ($ 12 million in the low distribution scenario) is left over at the end of the liquidation process and / or a buyer can be found for some of the intellectual property developed with shareholder» $ 100 million investment.
The problem is to unlock value there has to be a 2 / 3rds vote in favor of merger with a few other entities as apart of the liquidation process.
Government officials are telling the public not to worry, as they are guaranteeing all previous and future warranties of GM to the tune of some $ 70 billion that will be acquired throughout their liquidation process.
The liquidation process would have the effect of closing 54 stores, immediately terminating 2,500 employees without any severance pay.
Because the restructuring and liquidation process can be contentious, with diverse constituencies competing for limited assets, clients benefit from our substantial litigation experience in state and federal court, including bankruptcy proceedings.
As well, I was a part of the team that worked long days and nights in order to make the liquidation process easier.
Chicago - based Cohen Financial is advising the company on the sale of properties as part of the liquidation process.
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