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Focus Management Group, the court-appointed receiver overseeing Klaussner's liquidation, filed extensive listings in N.C. Business Court of the company's known non-inventory assets and raw ...
Days later, news broke that a liquidation firm was auctioning off the contents of dozens of Red Lobsters around the country. These auctions opened across 21 states, including New York, California ...
Jeff learns a bitter lesson when an old "friend" steals a lucrative deal right out from under him. Meanwhile, much-loved employee Christine departs Direct Liquidation. 26 13 "Man Toys" February 21, 2013 Jeff's makes a big promise and decides to host an auction to sell used karts when a local go-kart track goes out of business.
Liquidation may either be compulsory (sometimes referred to as a creditors' liquidation or receivership following bankruptcy, which may result in the court creating a "liquidation trust"; or sometimes a court can mandate the appointment of a liquidator e.g. wind-up order in Australia) or voluntary (sometimes referred to as a shareholders ...
The main differences between an estate liquidation and a mere estate sale is the sphere of inclusion which in a liquidation can expand to stocks, bonds, real property, fine jewelry, coin collections and fine art.
The contents of the NASCAR Cafe were initially excluded from the sale, [182] although an auction was later held for 2,000 items from the restaurant. [183] The sale of the resort items concluded in September 2011, and it attracted thousands of people over the course of its run. It was the largest liquidation sale in Las Vegas history.