The club were demoted to Scotland's bottom tier in 2012 following
forced liquidation, with McKay and a number of young players tasked with setting the once-mighty Gers on their route back to the top-flight.
The customer may place these credit terms POs even where the principals may have an agreement with the lender for a
forced liquidation, which means those invoices go unpaid.
f Status assigned to insurers that are publicly placed in liquidation by a court of law or by a
forced liquidation; an impaired entity.
Sector peer Carillion went into
forced liquidation on Monday after the heavily indebted company failed to secure a financial rescue deal from banks.
Paul, in Eastlake, Ohio, went into conservatorship and then
forced liquidation in April 2010.
"If you have no raw material, you can't do anything with it - so it forced us to go into voluntary liquidation, which is very different from bankruptcy or
forced liquidation.
the loss in asset value from
forced liquidation is 6 percent, so q = 0.94; and
"There's fear that stock price falls would trigger margin calls, which then adds further pressure on prices, although the actual amount of
forced liquidation is not as big as people would imagine," Gu said.
STX Offshore and Shipbuilding, which has been hovering between life and death for months, will likely be given another chance to recover rather than face
forced liquidation, industry sources said.
A REPORT in the Daily Record on September 25 said Rangers "went into administration and subsequently
forced liquidation by HMRC over a 'phantom' PS80million tax bill.
If passed, Kuwait may become the first GCC country to have a bankruptcy and insolvency regime that facilitates the rehabilitation of debt stricken businesses rather than their
forced liquidation. The protection afforded by the Draft Law will also enable entrepreneurs and local businessmen to grow their businesses, as they will be less fearful of taking on debt.