the winding-up of a company, a process during which assets are sold, liabilities settled as far as possible, and any remaining cash returned to the members. Liquidation may be voluntary or compulsory.
Wiktionary Definition for: Liquidation
#The process of converting into cash (or into an asset with high liquidity).
#The selling of the assets of a business as part of the process of dissolving the business.
Ex:''The store is having a '''liquidation''' sale, everything must go as they go out of business.''
Bankruptcy liquidation also known as Chapter 7 Bankruptcy is a legal process where most if not all of your debt can be eliminated. It may take four up to six months and currently costs $299 to file. Bankruptcy liquidation can be used by individuals and businesses. However, it is not...
The paper explores the relationship between the debtor’s firm and the creditors. There are a number of factors involved in deciding whether to go for liquidation or not. Several subtle points in valuation have to be taken into consideration by a firm before liquidation. The timing also plays a crucial...
WIJCHEN, Netherlands -- Nortem N.V. in Liquidation (Nasdaq:MTCH), formerly "Metron Technology N.V.", announced today that it filed its liquidation accounts and plan of distribution for public inspection with the Dutch Commercial Registry in Arnhem. A copy of the liquidation accounts and plan of distribution as filed in The Netherlands is...
SAN DIEGO -- BizAuctions, Inc. (Pink Sheets: BZCN), a prime provider of commercial eBay liquidation services for excess inventory, today announced eight Liquidation Services Contracts for various commercial clients.
SAN DIEGO -- BizAuctions, Inc. (Pink Sheets:BZCN), a prime provider of commercial eBay liquidation services for excess inventory, overstock items, and returns for retailers, distributors, and manufacturers, announced that it is now offering its eBay liquidation services nationwide.
CHARLESTON, S.C. -- At a Special Meeting of Stockholders of Golf Trust of America, Inc. (AMEX:GTA) (the "Company"), held on November 8, 2007, the termination of the Company's Plan of Liquidation and Dissolution (the "Plan of Liquidation") was approved by the stockholders of the Company.
CRANBURY, N.J. -- Able Laboratories, Inc. announced that the United States Bankruptcy Court for the District of New Jersey has confirmed its Plan of Liquidation.
Court forces SimRidge into liquidation AUSTIN, TEXAS - SimRidge Technologies Ltd. has closed its doors, after the injection molder was forced into Chapter 7 liquidation in U.S. Bankruptcy Court in Austin. The company had filed Aug. 29 for Chapte Court forces...
This paper examines how liquidation values and firm cash flows affect the credibility of financial contract renegotiation and its outcome. The publisher develops an incomplete-contracting model of financial contract renegotiation and estimates it using data on the airline industry in the United States. It was found that airlines successfully renegotiate...
The paper examines the impact of asset liquidation value on debt contracting using a unique set of commercial property non-recourse loan contracts. The paper employ commercial zoning regulation to capture the flexibility of a property's permitted uses as a measure of an asset's redeploy ability or value in its next...
O-J Transport sells routes as part of its liquidation O-J Transport Co., the trucking company founded in 1971 by Detroit entrepreneur John James, filed its liquidation plan Nov. 21 in U.S. Bankruptcy Court in Detroit. If approved, the plan will pro O-J Transport sells...
SAN FRANCISCO -- HearMe (HEARZ.PK) ("HearMe" or the "Company") today announced certain updated information relating to the Company's cash position and reserves for estimated future liquidation expenses as of May 31, 2004, as well as information regarding the status of certain litigation.
SAN DIEGO -- BizAuctions, Inc. (Pink Sheets:BZCN) announced it is targeting a number of the Top 100 U.S. retailers to provide its eBay liquidation services to liquidate excess inventory, distressed inventory, and other assets.
The author summarizes and discusses results of a Federal Deposit Insurance Corporation survey of foreign deposit insurance organizations. The article focuses on procedures for resolving and liquidating failed banks. A large part of any country's financial safety net is the winding up, or there is a resolution and asset liquidation,...
SAN DIEGO -- BizAuctions, Inc. (Pink Sheets: BZCN), a prime provider of commercial eBay liquidation services for excess inventories, today reflected on the U.S. Department of Commerce's Manufacturing and Trade Inventories and Sales report, where the total pool of manufacturers' and trade inventories exceeded $1.3 trillion.
THE Amtrak Reform Council ARC voted six to five on November 9 to instruct Amtrak to draw up a liquidation plan within 90 days. This is because the ARC says it does not believe that Amtrak will meet a Congress-imposed deadline to become financially self-sufficient by December 2 2002. The...
ALEXANDRIA, Va., Dec. 4 /U.S. Newswire/ -- Yesterday was supposed to mark the beginning of liquidation for Amtrak, yet the fiscally- challenged passenger railroad will continue to chug along on government subsidies. This broken promise to taxpayers from ALEXANDRIA, Va., Dec. 4 /U.S. Newswire/ -- Yesterday was supposed to...
When a firm files for Chapter 11 bankruptcy in the U.S., negotiations take place among its claimants to decide what to do with the firm and who gets what. If an agreement cannot be reached, then the firm is likely to be liquidated. Consequently, the liquidation value of the firm...
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