Quotes about liquidation (16 Quotes)


    The operating licenses of the 14 banks are hereby revoked. The Nigeria Deposit Insurance Corporation has been directed to obtain court approval to commence the process of their liquidation.


    There was a lot of weakness in some of the banks in particular, ... There was a bit of reaction by foreigners to the Nippon Credit Bank liquidation or whatever it was at the weekend.


    This liquidation has been so sharp, so severe, not just in this last quarter, but over the past year, that even with a modest pickup in demand, production is almost bound to increase as we move through the balance of this year.



    At the present moment, with little or no detail to hand, it is difficult for me to make any comment, beyond the expression of horror at the shameless haste with which the government appears to be pressing for our liquidation.

    To me, the business cycle is working as it always does, absent an external shock. Inventory liquidation means firms have to increase production, and they're already doing that. They're also increasing the length of the work week and hiring temporary workers. All these things support income and spending.


    The permanent revolution, in the sense which Marx attached to this concept, means a revolution which makes no compromise with any single form of class rule, which does not stop at the democratic stage, which goes over to socialist measures and to war against reaction from without that is, a revolution whose every successive stage is rooted in the preceding one and which can end only in complete liquidation.

    We have received and expect to receive many more indications of interest as a result of our board's recent adoption of a liquidation plan. We intend to achieve the highest value reasonably attainable for our shareholders in an expeditious manner however, we must caution that until a prospective purchaser has completed their due diligence and a definitive purchase and sale agreement with respect to one or more of the company's properties has been signed, there is no agreement on value.

    Aunt Edna is universal, and to those who may feel that all the problems of the modern theatre might be solved by her liquidation, let me add that I have no doubt at all that she is also immortal.

    There's a powerful franchise there. If they can get the right cost structure, the model does not have to be tweaked too much. Hopefully they won't have to sell assets. If you start having to sell strategic assets, you have a slow liquidation the way Pan Am did.


    The creditors could accelerate the debt, say the whole thing is payable today and that would be a liquidation scenario for the company and could precipitate a bankruptcy filing.




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