For example, on January 14, 6,645 companies were
liquidated, on February 13 3,408 companies, on March 29 749 companies, which together account by more than half of the companies
liquidated so far this year.
Secondly, Article 390(1) of the Civil Code specifically permits
liquidated damages under UAE law and provides a brief description of its nature, which corresponds with the fundamental elements of a demurrage provision.
There were two additions to loans from CMBS 2.0 deals that
liquidated with a loss in the fourth quarter of 2015: Youngsville Crossing, a retail-backed loan from WFRBS 2011-C3 and Lockaway Self Storage, from GSMS 2012-GC6, both
liquidated with minimal loss severities.
While some other areas of the law allow for arbitrarily assigning dollar figures to unquantifiable events, automobile accidents, for example,
liquidated damages doctrine insists that there be some nexus between the agreed upon damages and the foreseeable loss.
It should be pointed out that
liquidated damages, are not solely reflective of what the parties genuinely believe the loss might be.
The
liquidated damages amount is often calculated as a percentage of the firm's historical annual billings to such lost clients for the year preceding the partner's departure, and it is triggered if the departing partner or the firm services the clients taken during the two-year period after the partner leaves the firm.
If no buyer comes forward within six months, the good bank may also be
liquidated, officials said.
6) to submit the liquidation statement of the company and other documents necessary for the removal of the
liquidated company from the Register to the manager of the Register of Legal Entities.
Major retailers that have
liquidated in recent months include Circuit City, Mervyns, Steve & Barry's, Shoe Pavilion, KB Toys and Linens 'N Things.
Reflecting record investor withdrawals of over $150 billion in Q4, 778 funds
liquidated during the period, more than doubling the previous quarterly record of 344, set just one quarter earlier in 3Q08.
This article reviews the application of a
liquidated damages clause to an employment restrictive covenant agreement and emphasizes how practitioners can draft enforceable clauses for their business clients' protection.
Tens of thousands more have been
liquidated by Castro's regime.
Construction contracts may call for "
liquidated damages" in the event of a delay in completion.
The fired, which carried both stocks and bonds of large corporations, lagged in poor market conditions and was
liquidated on Sept.
Inc., Wilmington, Del., was
liquidated, effective Sept.
