Liquidating debt definition dictionary, financial definition of liquidate
EurLex-2 In particular, the Commission has noted instances of French case-law relating to previous cases in which the State's liability for liquidation debts was deemed to extend beyond its capital contribution to the company in question. EurLex-2 The law cannot be invoked to establish a shareholder's liability for all the liquidation debts.
What is liquidated debt? definition and meaning - marsvenusinstitute.com
The liquidating debt definition dictionary of such bond is payable from the Liquidating Debtor's Assets. EurLex-2 The Commission and the Court of Justice of the European Communities, in similar precedents 10have already rejected the argument that extends the liability of the State as shareholder for liquidation debts beyond its capital contribution on the ground that extending liability in that way amalgamates the roles of the State as shareholder and the welfare State.
For businesses, liquidation usually means closing for good and selling off all the assets. Based on 7 documents Examples of Liquidating Debtor in a sentence After making each successive Distribution provided for under the Plan, the Liquidating Agent shall have tumblr eun hyuk iu dating right to seek a refund of the bond premium based upon the diminution of the Liquidating Debtor's Assets resulting from each such Distribution.
BREAKING DOWN 'Liquidation'
Businesses The procedure for filing Chapter 7 bankruptcy is very similar for businesses. Ultimately, a judge decides whether to discharge an individual's debt.
In the end, if a company's stock or bonds are deemed worthless by the bankruptcy court, investors might be able to deduct their losses on their tax returns. If there are assets to liquidate, however, the creditors usually file a liquidating debt definition dictionary claim so that they can receive some of the proceeds.
Found sentences matching phrase "liquidated debt". EurLex-2 In similar precedents, the Commission and the Court of Justice of the European Communities have consistently rejected 8 the argument that such costs are chargeable to the shareholder, on the ground that a shareholder's liability is related to the value of its contribution to the firm's capital and not to all the liquidation debts.
Alimonychild supportand student loans generally cannot be discharged in a Chapter 7 case, nor can most judgments against the debtor for criminal acts. It is not necessary to file for bankruptcy to liquidate inventory.
Unlike when individuals file for Chapter 7 Bankruptcy, the business debts still exist. Translation memories are created by human, but computer aligned, which might cause mistakes. EurLex-2 The fact that the State or a public entity such as CDR takes over all or part of the liquidation debts is not due to its status as a shareholder but to additional obligations which it considers are placed on it and which take the form of aid.
The fact that the State or a public entity such as CDR takes over all or part of the liquidation debts is not due to its status as a shareholder but to additional obligations which it considers are placed on it and which take the form of aid.
Shareholders almost never receive anything. The debt will remain until the statute of limitation has expired, and as there is no longer a debtor to pay what is owed, the debt must be written off by the creditor.
The debtor must provide the court with financial and tax information, as well as a list of creditors and outstanding debts.
Liquidated debt - definition - English
In the simplest terms, this means selling the position for cash; another approach is to take an equal but opposite position in the same security — for example, by shorting the same number of shares that make up a long position in a stock. Individuals, partnerships or corporations can liquidate assets.
If all the debtor's assets are exempt or subject to liens, there may not be any assets to liquidate and hence no money to distribute to creditors. In many cases, unsecured bondholders receive only pennies on the dollar. Here's how liquidation works in the case of bankruptcy.
The trustee handles the liquidation and determines which creditors are paid first. Solvent companies may also file for Chapter 7, but this is uncommon.
Filing the Chapter 7 petition automatically stops most collection actions against the debtor, including lawsuits, garnishmentsand phone calls.
Liquidate definition and meaning | Collins English Dictionary
In most cases, the court also requires proof that the individual has obtained credit counseling. In such cases, investors in preferred stock have priority over holders of common stock.
Liquidation can also refer to the process of selling off inventory, usually at steep discounts. The judge can deny the discharge if the debtor failed to keep adequate records, failed to explain the loss of any assets, committed a crime, disobeyed court orders, or did not seek credit counseling.
Online Language Dictionaries
ECB Four different haircut groups were used in for tier two assets, reflecting differences in their intrinsic characteristics and liquidity: These include bondholders, the government if it is owed taxes and employees if they are owed unpaid wages or other obligations.
They come from many sources and are not checked. How It Works The term liquidation is most often used in discussions about Chapter 7 bankruptcy -- a section of U. In Chapter 7, a company ceases operations, and the appointed trustee liquidates the company's assets in order to repay its debts.
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The business is no longer in existence once the liquidation process is complete. University of Tartu The overview shall comprise at least the following indicators: Bankruptcy Code governs liquidation proceedings.
Giga-fren Four different haircut groups were used in for tier two assets, reflecting differences in their intrinsic characteristics and liquidity: Check translations in other languages: These lenders will seize the collateral and sell it — often at a significant discount, due to the short time frames involved.
Next in line are unsecured creditors. Why It Matters Liquidation is usually the last step in the effort to repay debt.