“liquidation” is a threat Memorial has heard before, and in the most sinister possible context.
But for a company on the verge of liquidation, this is good news.
The liquidation closed all Hostess plants and bakeries and 15,000 employees were laid off immediately.
Keep in mind, Callan left the firm this summer, months before its liquidation, but her departure was controversial.
Hostess said it would have to file for liquidation if the bakers went on strike.
liquidation is taking place, prices are going down, and the uncertainty of the outlook causes diminished activity.
Two other companies went into liquidation in carrying out the work.
The Dara loan was to be reimbursed at 85%, instead of 80%, as provided by the Law of liquidation.
This may also be true of a period of liquidation not preceded by crisis.
Then the castle in the air tumbled down, and Ragnar went into liquidation, and I continued my walking-tour.
The conversion of the assets of a firm into cash, often just before the firm goes out of business.