The creditors also want to get more information about the firm's liquidation of assets, which has been under way since last week.

The takeover and the liquidation of assets are to begin immediately afterward.

Liquidation of assets on the verge of being lost was the obvious course.

Mechanisms and time frames for the liquidation of assets are also necessary if the contract is to work, lawyers say.

Some creditors had advocated a complete liquidation of assets.

A. Having insurance will help avoid a forced liquidation of assets to pay estate taxes, which can cripple a business.

The company's stores were sold as part of the court-ordered liquidation of assets.

"It's definitely a better deal than Holiday's, because this isn't predicated on a liquidation of assets," he said.

The company hired an outside company to assist in the liquidation of assets from the stores affected.

Liquidation of assets tied to old-fashioned free enterprise.

Congress could make a clean break by reviving a 19th-century tradition for dealing with failing railroads: liquidation of assets.

Despite the liquidation of assets, Drexel still has more than $1 billion of assets, he said.

A liquidation of assets or a bit of creative bookkeeping takes care of it.

It says the archdiocese will use a combination of insurance money and the liquidation of assets to settle the suits.

The company is not filing for bankruptcy, but will go through what Mr. Ryan called an orderly liquidation of assets.

Repayment to the creditors will happen step by step at the same pace as liquidation of assets happen.

Lawyers for the hospital said they would file for bankruptcy in Federal court under Chapter 7, which requires liquidation of assets to pay off creditors.

The decision today makes Chapter 11 an alternative to Chapter 7, the bankruptcy provision most often used by consumers, which requires the liquidation of assets.

Without enactment of the Icesave bill agreements there was hope for the liquidation of assets being able to cover 100% of the €4bn liabilities.

"In the short term, they may be able to squeeze enough cash out of additional bond sales and liquidation of assets," Mr. Ely said.

It had been open to the Tribunal as a matter of fact that the prepack administration had been started with a view to liquidation of assets.

Third, this reduction of debt and the forced liquidation of assets -dumping junk bonds and real estate holdings - acts as a check on inflation.

The deal is part of the Autrys' continuing liquidation of assets; Mr. Autry is 89.

It sets and administers the budget, determines employee contracts, the acquisition and liquidation of assets, and sets goals for the Society.

A board of Liquidation was formed to oversee the liquidation of assets of the war-time organization which ceased to function from 31 December 1947.