How To Use Liquidator In A Sentence
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Purchasable from the New York Academy of Sciences (visit nyas. org/annals), this densely referenced analysis covers the acute radiation inflicted on both the first-responders (called "liquidators") and on residents nearby, who suffer chronic radioactive sicknesses.
Countercurrents.org
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Where the assets of an estate do not exceed $200,000, the Official Receiver is appointed trustee or liquidator by a summary procedure order.
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If it can, it will attempt to relist; if not, it will almost certainly call in the liquidators.
Times, Sunday Times
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It also said that office of the official liquidator should be closed and the trustee should exercise all powers and functions.
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In insolvent liquidation the question arises whether the liquidator, who now runs the company in place of the directors, can claim a contribution to the company's inadequate assets from its members.
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The liquidators themselves have first call on the company's assets to pay their fees.
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The liquidators will not ask for delisting until there is no hope of a buy-out.
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Yes, and a whole lot of examinations before liquidators in current proceedings in the Supreme Court by ACT against directors.
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He alleges there is no reason for a liquidator to take control over his outstanding debts because he is capable of paying it.
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In the light of the ability to pay the Liquidator the correct account, the claimant's statements have not been gainsaid.
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Obviously, liquidators must follow the same rules you do when the inventory being liquidated is firearms.
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Its assets were auctioned internationally by the liquidators.
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No-one was in any doubt that the best option for creditors was the appointment of an examiner, rather than a liquidator.
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People who believe they have shares tied up in the company will have to wait until High Court-appointed liquidator Tom Grace adjudicates on their claims.
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But the bank has since refused to negotiate over the £70 million plus costs it is claiming from the liquidators.
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Superior claims may baulk inferior ones, but the liquidator's duty is to realise the assets of all in accordance with their rights.
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Should the company become insolvent, a liquidator will be appointed to realise the assets of the company, to pay and settle its debts and to distribute any surplus among the various shareholders.
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It seems unlikely that authors will receive outstanding royalties, though some have vowed to contact liquidators in the hopes of seeing some of the money they are owed.
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The knock-on effect is that liquidators will not take on jobs where there is no money in the failed company to cover their fees.
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He said the company would work with the liquidator on ways to discharge its debts to creditors.
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As noted above, an unregistered company charge is void as against both subsequent creditors and the liquidator and administrator.
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Accountancy sources said the office originally rejected the advice of the liquidator on a large number of cases.
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A liquidator would also be obliged to notify creditors before selling assets to a former director.
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Chairman of the board Glen Boldy says the liquidator would sell assets - including the theatre in Chapel Street - to pay debts totalling £50,000.
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I am not trying to run away from your Honours, but the point ultimately is a very simple one because one realises there is no great disconformity about the approach of what a liquidator can and cannot do.
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Instead, they face weeks of wrangling with the firm's liquidators.
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The liquidator looked for clarification but got none, his counsel added.
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Once the liquidator has realised all the company's assets, s/he will then set about satisfying the claims made by the creditors.
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The uncertainties over the timing of any asset realisations have led the liquidators to warn that thousands of policyholders may have to wait a full year before settlement of their claims.
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If it can, it will attempt to relist; if not, it will almost certainly call in the liquidators.
Times, Sunday Times
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It is not just a one-off that happens with the liquidators.
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Its office received 699 reports from liquidators last year.
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He said the company would work with the liquidator on ways to discharge its debts to creditors.
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Previously, liquidators did not have to provide their reports to directors.
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Superior claims may baulk inferior ones, but the liquidator's duty is to realise the assets of all in accordance with their rights.
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Liquidator reports on 49 insolvent technology companies were sent to the Office of the Director of Corporate Enforcement last year.
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The liquidators will not ask for delisting until there is no hope of a buy-out.
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Under UK insolvency law they're last in line to be paid when businesses are wound up behind former staff, secured creditors, liquidators and the tax man.
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Where the assets of an estate do not exceed $200,000, the Official Receiver is appointed trustee or liquidator by a summary procedure order.
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They appointed a liquidator to an undoubtedly insolvent company that has no assets.
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When he died in June from cancer, investigators from Liquidators Cork Gulley were called in and soon smelt a rat.
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‘Indeed, at the request of the liquidator, we are preparing an account of the situation and will have a surplus to hand over to him, we think,’ he said.
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The liquidators consulted the liquidation committee and obtained its approval.
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Once the liquidator has realised all the company's assets, s/he will then set about satisfying the claims made by the creditors.
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The banks and Revenue Commissioners did not object to the liquidator's appointment.
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The Liquidator claims that the bank wrongfully and without authority debited the company's account with that sum.
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But, if the company is incorporated abroad, English liquidators' ability to get in and realise the company's foreign assets will be very limited.
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The liquidators must get in and realise the company's assets as best they may whatever may be the country in which the assets are situated.
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Anyone who paid by cash or cheque would have to wait until receivers or liquidators had been appointed to deal with the firm.
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We are providing all the assistance we can to both the police and the liquidators.
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The court may dismiss a liquidator whenever it deems necessary.
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The most common examples are the rights of trustees in bankruptcy and liquidators of companies to disclaim certain property under the provisions of the Insolvency Act 1986.
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To serve as an inspector, liquidator, bankruptcy administrator, or executor of a will, or in any other fiduciary capacity.
