Bankruptcy

The bankruptcy process in which a liquidator assembles and sells a debtor’s assets and distributes the sale proceeds to creditors in accordance with t [...]

A person designated by the court, tribunal or agency with jurisdiction over an insolvency case to handle the liquidation of the insolvent enterprise b [...]

When an individual or entity is unable to pay its debts as they fall due or has an excess of liabilities over assets. [...]

A state that exists when either an entity is unable to pay its debts as they mature and come due for payment or its aggregate balance sheet liabilitie [...]

The termination of a bankruptcy case without either the entry or a denial of discharge. [...]

The process by which the whole or part of a company’s affairs is wound-up and its assets redistributed – the last phase of a liquidation. [...]