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01 Apr

KCC's Corporate Restructuring Court Documents Search provides access to thousands of historical court documents located on KCC public access websites.Please use the form below to refine and maximize search results.Assets are distributed based on the priority of various parties’ claims, with a trustee appointed by the Department of Justice overseeing the process.The most senior claims belong to secured creditors, who have collateral on loans to the business.In finance and economics, liquidation is an event that usually occurs when a company is insolvent, meaning it cannot pay its obligations as and when they come due. Bankruptcy Code governs liquidation proceedings; solvent companies can also file for Chapter 7, but this is uncommon.The company’s operations are brought to an end, and its assets are divvied up among creditors and shareholders, according to the priority of their claims. Not all bankruptcies involve liquidation; Chapter 11, for example, involves rehabilitating the bankrupt entity and restructuring its debts.The closing of the school and the winding down of its operations will take place in an orderly manner, and Wentworth will make every effort to assist students and their parents in effecting the students’ smooth transition to other educational institutions.

There are no plans at present for the school’s facilities at the Lexington campus.

Excess Technologies began liquidating products in 2001, directly buying inventory or offering services for liquidating multiple product categories, including electronics, fashion & apparel, sporting goods, toys, home improvements, gifts, HBA, cosmetics, licensed goods, and more.

We also have a separate division that specializes in the liquidation of Fashion & Apparel, Store Reset & Buyback programs, and Charity Donation programs.

If your business has assets, liabilities or both, then you may have to follow the liquidation route.

Find out more about deregistering or liquidating a company from the Companies and Intellectual Property Commission (CIPC) or contact CIPC on 0.