A person appointed to wind up the affairs of a company or firm.
清算人;公司资产清理人
Example sentencesExamples
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.
Previously, liquidators did not have to provide their reports to directors.
Accountancy sources said the office originally rejected the advice of the liquidator on a large number of cases.
He said the company would work with the liquidator on ways to discharge its debts to creditors.
The banks and Revenue Commissioners did not object to the liquidator's appointment.
No-one was in any doubt that the best option for creditors was the appointment of an examiner, rather than a liquidator.
As noted above, an unregistered company charge is void as against both subsequent creditors and the liquidator and administrator.
The liquidator looked for clarification but got none, his counsel added.
Its office received 699 reports from liquidators last year.
It also said that office of the official liquidator should be closed and the trustee should exercise all powers and functions.
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.
They appointed a liquidator to an undoubtedly insolvent company that has no assets.
But the bank has since refused to negotiate over the £70 million plus costs it is claiming from the liquidators.
Its assets were auctioned internationally by the liquidators.
The liquidators will not ask for delisting until there is no hope of a buy-out.
A liquidator would also be obliged to notify creditors before selling assets to a former director.
We are providing all the assistance we can to both the police and the liquidators.
The liquidators themselves have first call on the company's assets to pay their fees.
Anyone who paid by cash or cheque would have to wait until receivers or liquidators had been appointed to deal with the firm.
Instead, they face weeks of wrangling with the firm's liquidators.
A person appointed to wind up the affairs of a company or firm.
清算人;公司资产清理人
Example sentencesExamples
But the bank has since refused to negotiate over the £70 million plus costs it is claiming from the liquidators.
The banks and Revenue Commissioners did not object to the liquidator's appointment.
Accountancy sources said the office originally rejected the advice of the liquidator on a large number of cases.
They appointed a liquidator to an undoubtedly insolvent company that has no assets.
He said the company would work with the liquidator on ways to discharge its debts to creditors.
It also said that office of the official liquidator should be closed and the trustee should exercise all powers and functions.
Instead, they face weeks of wrangling with the firm's liquidators.
No-one was in any doubt that the best option for creditors was the appointment of an examiner, rather than a liquidator.
Its assets were auctioned internationally by the liquidators.
We are providing all the assistance we can to both the police and the liquidators.
Anyone who paid by cash or cheque would have to wait until receivers or liquidators had been appointed to deal with the firm.
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.
A liquidator would also be obliged to notify creditors before selling assets to a former director.
The liquidator looked for clarification but got none, his counsel added.
As noted above, an unregistered company charge is void as against both subsequent creditors and the liquidator and administrator.
Its office received 699 reports from liquidators last year.
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.
The liquidators will not ask for delisting until there is no hope of a buy-out.
Previously, liquidators did not have to provide their reports to directors.
The liquidators themselves have first call on the company's assets to pay their fees.