Even then, before you file for chapter 7 bankruptcy, make sure you're ready to lose assets that will be
up for liquidation.
Not exact matches
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.
Or was it in 1994, when it was forced into
liquidation and German PC manufacturer Escom bought
up the remains
for US$ 14 million?
Remember, short - term pain caused by the implosion of OPEC and the
liquidation of billions from SWF's will make a basis
for the next leg
up in stocks but between now and then, things could be very volatile.
Although total liabilities is fully accounted
for, is there a possibility of severence, pension, and similar liabilities that can crop
up during a
liquidation?
Also, the end game
for real estate if / when there is a
liquidation event will result in potentially a lot of catch
up taxes, right?
To sum -
up, we wish to find stocks that are attractive in the activists» view due to untapped potential, which said activists can unlock by e.g. distributing cash holdings, stop value - destroying activities, optimize capital structures or advocate
for a merger or
liquidation.
Fire - power covers a host of tactics: Sometimes it's just sheer weight of money (and they become the largest shareholder), but it also includes nominating directors to the board, conducting proxy fights, deposing and / or appointing management, suggesting operational changes and / or asset / business sales, scaring
up bidders
for a company (or even bidding themselves), demanding strategic reviews or even wind - downs or
liquidations, etc..
Live smaller; enjoy the security of the unlevered life, and be ready
for the day when the mass
liquidation of margin accounts will offer
up the bargains of a lifetime.
Now consider Saga's latest NAV of EUR 23.34 & its current 8.3 P / E ratio: Tot
up a few more years of earnings (probably accompanied by rising prices), a sale or
liquidation of the company (I believe current NAV is achievable), substantial compensation payment (s), and a sale of the valuable Saga Furs brand (to a Chinese owner,
for example), and it's hard to argue there's significant downside risk here...
I think they may want to grow the company (and thus their salaries) rather than «prettying
up» the company
for a potential suitor or returning value to shareholders in the form of dividends or
liquidation distributions.
The Merger Agreement contains certain termination rights
for both VaxGen and OXiGENE, and further provides that, upon termination of the Merger Agreement under specified circumstances, including by VaxGen to pursue a superior transaction, as defined in the Merger Agreement (including a
liquidation), or by OXiGENE to pursue a financing transaction with net proceeds of least $ 30 million, either party may be required to pay the other party a termination fee of $ 1,425,000 and to reimburse the other party's expenses
up to $ 325,000.
If you're manufacturing spend exclusively
for the value of the Flexpoints (redeemable
for up to 2 cents per point on mileage - earning airline tickets), you're (almost) always better off earning 1,008 or 1,010 Flexpoints
for $ 3.95 or $ 4.95 (plus
liquidation costs) rather than earning 503 points
for $ 3 (ditto), since you're paying just 33 - 66 % more
for 100 % more Flexpoints per dollar.
A heavyweight line -
up of Slaughter and May, Freshfields Bruckhaus Deringer, Dentons, Clifford Chance (CC) and Linklaters have mobilised as construction giant Carillion files
for liquidation in one of the largest UK insolvencies
for years.
Chapter 7 bankruptcy, also known as
liquidation, is a relatively quick method to wipe out unsecured debt, such as credit card balances and medical bills, in return
for giving
up all your non-exempt property to the bankruptcy trustee, who will sell it and use the proceeds to pay your creditors.
«There have been a number of law firms over the years that have filed
for bankruptcy protection, going back to Finley Kumble, and they've all basically ended
up in
liquidation,» Lauria told us at the time.
(b) before or after the action is commenced, the co-operative goes into
liquidation, is ordered to be wound
up or makes an authorized assignment under the Bankruptcy and Insolvency Act (Canada), or a receiving order under that Act is made against it, and, in any such case, the claim
for the debt has been proved.
(b) before or after the action is commenced, the corporation goes into
liquidation, is ordered to be wound
up or makes an authorized assignment under the Bankruptcy and Insolvency Act (Canada), or a receiving order under that Act is made against it, and, in any such case, the claim
for the debt has been proved.
That vulnerability was later fixed, but not before Mt. Gox was forced to give
up and file
for liquidation.
• Interviewing applicants to determine financial eligibility • Counseling applicants on loan repayments and restrictions • Setting
up payment plans
for debt
liquidation • Analyzing potential loan markets to find financial services promotion opportunities • Ameliorate financial situations by investigating negative credit histories and providing recommendations
After repeated requests from various attorneys and associates, he moved into stock
liquidation work and business broking as well, using the network built
up over the years to get good, quick sales
for his clients.
I've also seen some contractor's
liquidation stores pop -
up that sell leftover tile donated by contractors that can be a great way to get tile
for a small - space at a big discount.