Liquidator example sentences

Related (2): bankruptcy, insolvency

"Liquidator" Example Sentences

The company appointed a liquidator to close down its operations.
The liquidator sold off all of the company's remaining assets.
The shareholders saw no return on their investments after the liquidator finished distributing the proceeds from asset sales.
The liquidator estimated that the company's total liabilities exceeded its assets by over $1 million.
The bank appointed a liquidator after the business defaulted on its loans.
The employees were unhappy with the payments offered by the liquidator and threatened to strike.
Shareholders asked the liquidator for more details about how the proceeds were distributed.
Creditors lined up to present their demands to the liquidator.
The liquidator tried to get the best possible value for the assets before distributing the proceeds to creditors and shareholders.
The liquidators role is to administer the assets and liabilities of an insolvent business.
The court appointed a government approved licensed liquidator to oversee the winding down of the company.
The liquidator sold off office equipment, inventory, vehicles and any other assets still owned by the business.
I worked as a junior accountant for the liquidator during the winding down process.
The liquidator closed all company bank accounts and transferred any remaining funds.
Major creditors applied pressure on the liquidator to recover as much of their outstanding debts as possible.
The liquidator had to decide whether to renew leases, licenses and contracts or cancel them.
I met with the liquidator to discuss any outstanding payments I was owed for work completed prior to the liquidation.
The business never recovered after the liquidator finished dismantling the company's operations.
Once appointed, the liquidator takes legal ownership of all company assets.
The liquidator refunded any advance payments made by customers for goods or services that the company could no longer provide.
Creditors demanded that the liquidator speed up the sale of assets to distribute funds owed to them.
Ex-employees watched helplessly as the liquidator sold off machinery they had operated for years.
The liquidator's main goal is to achieve the best outcome for creditors and shareholders, not to save the business.
The company hired a PR firm to repair its image after the negative publicity surrounding the liquidator's actions.
The liquidator distributed whatever proceeds remained after paying off all company debts and costs associated with the liquidation.
The government liquidator was blamed for mismanaging assets and lowering their resale value.
Lawsuits were filed against the liquidator alleging negligence and malpractice during the liquidation process.
I worked closely with the liquidator during the inventory count to determine the value of goods remaining in stock.
Secured creditors applied pressure on the liquidator to sell certain high value assets to repay their loans first.
The court ordered the company to replace its original liquidator due to mismanagement allegations.
Investors claimed the liquidator did not spend enough time searching for potential buyers of the business as a going concern.
A crisis management team was brought in after the liquidator's decisions threatened the viability of suppliers and partners.
The liquidator tried to sell parts of the business as going concerns to maximize returns for creditors.
The liquidator sent notices to customers and suppliers informing them of the company's liquidation.
Even the liquidator admitted that the business had been mismanaged for years prior to its liquidation.
Management argued that economic conditions, not liquidator actions, were responsible for the loss of value during the liquidation.
Employees claimed the liquidator failed to provide promised severance packages during the liquidation process.
The liquidator had to balance the needs of different stakeholders during the winding up of company affairs.
Some ex-employees accused the liquidator of negligence for failing to pursue outstanding accounts receivable.
The liquidator worked closely with tax authorities to ensure all payroll deductions were recovered and tax filings updated.
Lawsuits filed against the liquidator focused on the alleged low prices secured for assets during the liquidation sales.
An investigation was launched into allegations of misconduct and mismanagement against the court-appointed liquidator.
The liquidator's role is to maximize returns for creditors from the sale of assets and any recoverable income.
Employees criticized the liquidator for failing to recover outstanding client invoices and payments owed.
The official liquidator was able to recover more funds for creditors than the initial estimates provided by management.
Creditors called on the liquidator to speed up the sale of certain assets to minimize losses from depreciation.
The liquidator had to decide which customer and supplier contracts were valuable enough to assign to new owners.
Anger erupted after the liquidator was accused of missing lucrative bids during the sale of key assets.
The liquidator faced lawsuits for allegedly hiding information and undervaluing assets during the liquidation process.
The liquidator distributed whatever funds remained on a pro rata basis to creditors according to the size of their claims.
It took the liquidator years to finalize the liquidation and distribute all remaining funds to creditors and shareholders.
The liquidator ensured that all taxes, wages and pension obligations were settled before distributing funds.
Employees sued the liquidator for allegedly failing to pay outstanding bonuses, commissions and benefits owed.
The court ordered an audit of the liquidator's records following allegations of misconduct and fraud.
The liquidator had to balance minimizing costs against maximizing returns for creditors and shareholders.
Management criticized the liquidator for taking too long and costing too much during the liquidation process.
The liquidator sent out a final distribution to shareholders informing them that no funds remained.
The liquidator worked to recover as much value as possible for creditors by selling assets and chasing invoices.
Employees criticized the liquidator's actions for destroying any chance of business recovery and survival.
The liquidator faced claims that assets were sold too quickly at fire-sale prices, failing to maximize returns for creditors.