On July 6, the company was placed in receivership for the purpose of liquidation
by the Circuit Court of Leon County, Florida.
AmeriVest announced in May 2006 that its stockholders approved a Plan of Liquidation
(the "Plan") at its annual meeting of stockholders held on May 24, 2006.
Langweber will use his extensive knowledge of consumer products to enhance Hudson Capital's liquidation
efforts and develop a wholesale strategy.
are the location and timing of gain on the NB asset, the reformation of T's stock basis and the separation of E&P from the business that generated such earnings.
is primarily the result of BellSouth's actions to collect its account payable without respect to the arbitration process provided in LecStar's Interconnect Agreement with BellSouth.
305 regulations do not elaborate on how much of a right to earnings and liquidation
BizAuctions focuses on commercial eBay liquidation
of inventory and assets for businesses, while Net2Auction focuses on eBay drop-off locations for consumers to sell one or a few items on eBay.
351 transfer is followed, as part of the plan, by a liquidation
of the transferred corporation, applicable Federal tax principles convert the stock transfer to an asset reorganization.
001 per share, $25,000 Liquidation
Preference per share (the "Series W ARPS"), on Thursday, November 2, 2006 (the "Series W Redemption Date").
Finally, the court agreed with the taxpayers and held that the liquidation
provisions comprising the agreements were not "applicable restrictions" based on the exception contained in Sec.
amount per share for both the Series A-1 Preferred Shares and the Series B Subordinate Preferred Shares is $500,000, and there are 48 shares and 110 shares outstanding, respectively.
If a PFIC intends to liquidate, but fails to observe the necessary formalities for liquidation
, a U.
If a Liquidation
Plan is filed, the Liquidation
Plan must be approved by creditors, interest holders and the Bankruptcy Court after notice and a hearing.
The deemed sale of assets and deemed liquidation
is that of old target.
AMEX:WRP) announced today that its net assets in liquidation
at June 30, 2006 aggregated $55,844,106 or $8.