Sentences with phrase «with liquidating assets»

The Resolution Trust Corporation (RTC) is formed and charged with liquidating assets that are declared insolvent as a consequence of the S&L crisis.

Not exact matches

Consider Toys «R» Us, which is liquidating its assets even with its 13.6 percent share of the U.S. toy market.
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.
It's worth considering other options first, such as liquidating your asset and repaying debts with cash.
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.
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.
With her actual campaign soon to launch, RFH is winding down, passing along its hard - won online assets * to the actual campaign and liquidating its physical property as fast as it can.
In that plan, excess cash would be immediately distributed to shareholders, with the remaining assets to be liquidated in a timely and orderly manner over the coming months by a shareholder appointed fiduciary, with all proceeds being distributed directly to shareholders immediately upon receipt.
The company is trying to decide what to do with its liquid assets, either liquidated and payout to stockholders or pursue new business opportunities.
The decision to liquidate your assets will take place after meeting with the creditors.
There may be considerable assets that can be liquidated to lighten the debt weight, or a debt consolidation program to replace multiple loans with an easily - repaid single debt.
Aside from reducing settlement with your creditors, this also makes it possible to liquidate your assets.
Use this form to liquidate non-retirement assets you currently own with another financial institution and have the funds sent to Franklin Templeton to purchase shares of one or more Franklin Templeton mutual funds.
In a Chapter 7 bankruptcy, your assets (with some exceptions) are liquidated and used to repay your creditors.
With Chapter 7, many homeowners who file for bankruptcy end up having to liquidate their home as an asset, through short sale or otherwise (though this isn't always the case).
NEW YORK --(BUSINESS WIRE)-- Deutsche Asset & Wealth Management (Deutsche AWM) today announced that its Deutsche X-trackers US ETF platform, with approximately $ 16.7 billion in assets, will close and liquidate the following five target - date exchange traded funds (ETFs), representing less than 1 % of the platform's assets:
If the trustee liquidates a secured asset with non-exempt equity, he or she must pay off the secured creditor first before satisfying the unsecured debt.
By Pledging Assets, a borrower eliminates the need to liquidate assets to obtain the cash needed for a down payment, avoids capital gains taxes associated with such liquidation, maintains a more liquid position, and continues to benefit from any future earned interest, dividends, and appreciation in their pledged aAssets, a borrower eliminates the need to liquidate assets to obtain the cash needed for a down payment, avoids capital gains taxes associated with such liquidation, maintains a more liquid position, and continues to benefit from any future earned interest, dividends, and appreciation in their pledged aassets to obtain the cash needed for a down payment, avoids capital gains taxes associated with such liquidation, maintains a more liquid position, and continues to benefit from any future earned interest, dividends, and appreciation in their pledged assetsassets.
In addition, if the filer has joint assets with a spouse, such as a bank account or a home, the entire asset can be liquidated by the bankruptcy court in order to satisfy the creditors of the individual, even if only the individual is filing bankruptcy, depending on the laws of the state where you live.
Compare a consumer proposal to bankruptcy: bankruptcy can mean having to surrender some of your assets to be liquidated, with the funds going back to your creditors for partial compensation of the debt.
On August 5 the shares were delisted (2 years after the approval of the liquidation) and the assets transferred into a liquidating trust with the result that the shareholders became participants in this trust with non-transferable shares.
On a similar note I'm also becoming less and less enthused with Winthrop management's handling of their liquidation; its been almost a year now since the company's remaining assets were put in a liquidating trust and we shareholders have seen little in the way of property sales and liquidating distributions.
One of the exchange - traded funds (ETFs) that investors are using to short volatility contains an interesting clause that few investors seem to have noticed: If volatility jumps more than 80 %, the fund will liquidate with a net asset value of zero.
If everything goes according to plan, Mancini will be debt free with $ 1 million or more in assets that he could liquidate to fund retirement at 45.
With other potentially valuable assets and Messrs. McAdoo and Muoio pushing the board to liquidate the company, we're going to maintain our position in MATH.
Your next option would be to liquidate the business and negotiate with your creditors for the distribution of its assets.
With a Chapter 7 bankruptcy, your assets can be liquidated to pay off unsecured debt.
Though I would like my clients to stay with me a long time, your account can be fully or partially liquidated, and transferred to you or another asset manager.
These factors have significant income, estate and gift, and financial aid qualification considerations that should be discussed in detail with your tax advisor before any decision is reached on liquidating UGMA / UTMA assets and investing them in a Franklin Templeton 529 college savings plan.
We're aiming for a 40 % bond / 60 % stock allocation (for simplicity I'm using just two asset classes with the return assumptions as above and assuming everything is liquidated after 1 year — further allowing things to compound should make the shelter space for the higher - return equities even more valuable).
In the case that you do not own much property to begin with, you may be considered a «no asset» case and your property subsequently will not be liquidated.
Apparently all is not well over at gaming service provider OnLive, with the company reportedly liquidating its assets to Lauder Partners for a mere $ 4.8 million according to a report today from GamesIndustry International.
He has also served as both a liquidating trustee for a corporation with assets valued in excess of $ 100 million and, on several occasions, as an assignee for the benefit of creditors.
Indeed, several courts have held that regardless of the certainty that the tax liability will be incurred in the future if an asset is sold, liquidated or otherwise reduced to cash, the trial court is not required to speculate on or consider such tax consequences in the absence of proof that a taxable event has occurred during the marriage or will occur in connection with the division of the asset.
Before you take drastic measures, such as draining retirement savings accounts, liquidating assets, or using a «debt stopper» or consolidation agency, discuss your options with an experienced attorney at our firm.
The conversion can be accomplished by dissolving the corporation and forming an LLC with the assets of the liquidated corporation, although some states offer a simplified conversion process.
I also help consumers who I assist in coming to the realisation that they need to liquidate their debt in exchange for the sur - render of their non-exempt assets as soon as practicable, so they can obtain a fresh start and get on with their lives.
If you cause a serious injury with damages exceeding your insurance limits, you will have to make payments above your limits, which might even mean liquidating your savings, property and assets, as well as your future earnings.
Agents who sell survivorship life insurance often point out that your beneficiaries can pay estate taxes with the proceeds of your policy, so they won't be forced to sell your house quickly or liquidate assets to pay an estate tax bill.
Leaving your significant other with enough readily available cash to cover your final expenses allows them to better preserve their retirement savings by not having to liquidate assets.
There are times when you are faced with a situation where liquidating your assets seems like the best option ava... Read More
There are times when you are faced with a situation where liquidating your assets seems like the best option available...
Wealthy with a large estate: Using life insurance for estate planning is a great way to protect your estate from having to liquidate valuable assets to pay federal or state death tax.
If you pass away with outstanding debt, your estate's assets could be liquidated — sold for cash and used to pay your debts.
For example, if you have assets that you could liquidate in order to pay costs associated with accidents, you may opt to have higher deductibles, or even less coverage in some situations.
Jason liquidated personal crypto assets through Rob and Jesse, who are registered with FinCEN, and had cash in the dealer's hand in less than four hours.
While this rapid rise of crypto assets has been met with solid investor demand, KyberNetwork's says there is opportunity in the current limited options to liquidate these digital assets.
After you've filed it with the court, neither you nor your spouse may sell or liquidate any assets.
Major Kmart landlord Malan Realty Investors today announced that its board wants to liquidate all the REIT's assets, including 58 properties with a total GLA of about 5.4 million sq. ft.. The board cited Kmart's...
(Bloomberg)-- Gordmans Stores Inc., the century - old discount department store chain, filed for bankruptcy with plans to liquidate its inventory and assets...
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