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A person appointed to wind up the affairs of a company or firm.
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- ‘Under UK insolvency law they're last in line to be paid when businesses are wound up behind former staff, secured creditors, liquidators and the tax man.’
- ‘As noted above, an unregistered company charge is void as against both subsequent creditors and the liquidator and administrator.’
- ‘But the bank has since refused to negotiate over the £70 million plus costs it is claiming from the liquidators.’
- ‘Its assets were auctioned internationally by the liquidators.’
- ‘No-one was in any doubt that the best option for creditors was the appointment of an examiner, rather than a liquidator.’
- ‘The knock-on effect is that liquidators will not take on jobs where there is no money in the failed company to cover their fees.’
- ‘Instead, they face weeks of wrangling with the firm's liquidators.’
- ‘The banks and Revenue Commissioners did not object to the liquidator's appointment.’
- ‘Its office received 699 reports from liquidators last year.’
- ‘The liquidator looked for clarification but got none, his counsel added.’
- ‘Accountancy sources said the office originally rejected the advice of the liquidator on a large number of cases.’
- ‘The liquidators themselves have first call on the company's assets to pay their fees.’
- ‘It also said that office of the official liquidator should be closed and the trustee should exercise all powers and functions.’
- ‘A liquidator would also be obliged to notify creditors before selling assets to a former director.’
- ‘Anyone who paid by cash or cheque would have to wait until receivers or liquidators had been appointed to deal with the firm.’
- ‘The liquidators will not ask for delisting until there is no hope of a buy-out.’
- ‘He said the company would work with the liquidator on ways to discharge its debts to creditors.’
- ‘Previously, liquidators did not have to provide their reports to directors.’
- ‘They appointed a liquidator to an undoubtedly insolvent company that has no assets.’
- ‘We are providing all the assistance we can to both the police and the liquidators.’
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