Liquidation

Liquidation?

Apr 18, 2008 by JIMIMA | Posted in Investing

If your investment broker goes into Liquidation ... is there any hope of getting your invested money back?

Investment brokers do not have any claim on your investments, they merely help you buy and sell investments - usually with advice. If they go into liquidation your investments are safe from the liquidator.

They are required to keep investors

ABC 7 News Los Angeles - Liquidation.com

Rangers takeover: Liquidation threat fades with every bid

19.05.12

Still, with that caveat, what can be said is that two of the four bidders, plus Brian Kennedy, are in favour of a CVA, while one group which had previously been connected with the liquidation option has now opted out.

Paul Murray’s Blue Knights consortium has always been unequivocally in favour of a CVA, and Murray has been motivated above all by a desire to do what is best for the club. Last month he told The Scotsman that he would not hesitate to step aside in favour of another bidder if he thought it was in Rangers’ interests.

Source: Scotsman

Wednesday June 8, 2011

BENNINGTON -- Applejack Art Partners has submitted a plan for its liquidation.

The printing company filed for Chapter 11 bankruptcy in July of last year. In December, Protocol Management Solutions, Ltd., bought the debt owed to the Berkshire Bank for $1.7 million, said Applejack's attorney, Jennifer Emens-Butler.

Emens-Butler said a portion of Applejack's inventory that hasn't been secured by other creditors will be sold at auction to pay off unsecured creditors.

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