Talk:Liquidation

Business Mid‑importance

	Business portal This article is within the scope of WikiProject Business, a collaborative effort to improve the coverage of business articles on Wikipedia. If you would like to participate, please visit the project page, where you can join the discussion and see a list of open tasks.BusinessWikipedia:WikiProject BusinessTemplate:WikiProject BusinessWikiProject Business articles
Mid	This article has been rated as Mid-importance on the project's importance scale.

Law Top‑importance

	Law portal This article is within the scope of WikiProject Law, an attempt at providing a comprehensive, standardised, pan-jurisdictional and up-to-date resource for the legal field and the subjects encompassed by it.LawWikipedia:WikiProject LawTemplate:WikiProject Lawlaw articles
Top	This article has been rated as Top-importance on the project's importance scale.

Finance & Investment Low‑importance

	This article is within the scope of WikiProject Finance & Investment, a collaborative effort to improve the coverage of articles related to Finance and Investment on Wikipedia. If you would like to participate, please visit the project page, where you can join the discussion and see a list of open tasks.Finance & InvestmentWikipedia:WikiProject Finance & InvestmentTemplate:WikiProject Finance & InvestmentFinance & Investment articles
Low	This article has been rated as Low-importance on the project's importance scale.

Difference?[edit]

Is there a difference between liquidation and sale at bankruptcy auction? --SPUI (talk) 21:19, 16 October 2005 (UTC)[reply]

Total rewrite[edit]

Did a total rewrite of this article. Apologies if I have trodden on anyone's toes, but this article needed some serious consideration, and it didn't look like getting any. Legis 11:18, 12 September 2006 (UTC)[reply]

Wind up[edit]

"Wind up" redirects to Liquidation, but has other meanings, according to Wiktionary. Needs disambiguation.

Vernon White 18:54, 20 September 2006 (UTC)

I have changed "wind up" to a disambiguation page, although actually the only article in Wikipedia that links to "wind up" is List of legal topics. C'est la vie. Legis 07:49, 21 September 2006 (UTC)[reply]

Update[edit]

I made the modification to reflect the actual judgement cited. Petitions are not refused simply because their actual purpose is to enforce payment of a debt--in fact, that is one of the principal uses of winding up. Rather, where the petition's purpose is to enforce payment of a debt which is genuinely disputed in good faith, the court will refuse it.

Per Buckley L.J. in Stonegate Securities [1980] Ch 576 at 579 "Where a creditor petitions for the winding up of a company, the proceedings will take one of two courses, depending upon whether the petitioner is a creditor whose debt is presently due, or one whose debt is contingent or prospective by reason of the proviso in paragraph (c) of section 224 (1). If the creditor petitions in respect of a debt which he claims to be presently due, and that claim is undisputed, the petition proceeds to hearing and adjudication in the normal way; but if the company in good faith and on substantial grounds disputes any liability in respect of the alleged debt, the petition will be dismissed or, if the matter is brought before a court before the petition is issued, its presentation will in normal circumstances be restrained. That is because a winding up petition is not a legitimate means of seeking to enforce payment of a debt which is bona fide disputed." (my emphasis) 129.67.137.47 (talk) 21:56, 25 November 2009 (UTC)[reply]

Fresh Start Options for Limited Companies (Ltd)[edit]

A search for this phrase (which is a section heading in the article) finds only this article. It looks inappropriate here; like the name of a company, or a govt scheme. —Tamfang (talk) 08:29, 31 March 2011 (UTC)[reply]

There are two meanings for liquidation: one of them is the topic in this article, the other meaning refers to the ellimination and execution of people for accusations of treason - this term has been used this way in Marxist-Leninist states[edit]

As mentioned in the subject title, there is another prominent meaning for "liquidation", this article will probably need to become a disambiguation page to the different meanings.--R-41 (talk) 13:08, 6 October 2011 (UTC)[reply]

Since the article is discussing the end of a BUSINESS, it's pretty much understood that there are no killing of people involved. 2600:8800:786:A300:C23F:D5FF:FEC4:D51D (talk) 09:59, 18 January 2018 (UTC)[reply]

Hi.[edit]

I'm talking to the future on the day of November 18, 2012. I've heard a lot of talk about this "Hostess liquidation", so I came to look up what a "liquidation" was. However, I wanted a brief definition, and this article has no lead.

I find your lack of lead disturbing. --74.67.168.242 (talk) 15:54, 18 November 2012 (UTC)[reply]

Hi, it was vandalism. Thanks for the notice. Fixed. - Altenmann >t 05:50, 19 November 2012 (UTC)[reply]

Merge[edit]

Disagree one is a process, the other a job title. Not warranted on article size, but willing to reconsider given a strong argument for (which I don't see any yet) Widefox; talk 01:32, 8 April 2013 (UTC)[reply]

Reference to the UK in the lead[edit]

Why is this article UK specific? Liquidation applies in other countries. --Markbrown00 (talk) 00:07, 15 August 2016 (UTC)[reply]

External links modified[edit]

Hello fellow Wikipedians,

I have just modified one external link on Liquidation. Please take a moment to review my edit. If you have any questions, or need the bot to ignore the links, or the page altogether, please visit this simple FaQ for additional information. I made the following changes:

Added archive https://web.archive.org/web/20140418220325/http://www.taieblaw.com/chapter-7-bankruptcy.php to http://www.taieblaw.com/chapter-7-bankruptcy.php

When you have finished reviewing my changes, you may follow the instructions on the template below to fix any issues with the URLs.

This message was posted before February 2018. After February 2018, "External links modified" talk page sections are no longer generated or monitored by InternetArchiveBot. No special action is required regarding these talk page notices, other than regular verification using the archive tool instructions below. Editors have permission to delete these "External links modified" talk page sections if they want to de-clutter talk pages, but see the RfC before doing mass systematic removals. This message is updated dynamically through the template {{source check}} (last update: 18 January 2022).

If you have discovered URLs which were erroneously considered dead by the bot, you can report them with this tool.
If you found an error with any archives or the URLs themselves, you can fix them with this tool.

Cheers.—InternetArchiveBot (Report bug) 17:19, 16 May 2017 (UTC)[reply]

"Compulsory Liquidation"[edit]

The section on "Compulsory Liquidation" mentions who can 'call' for it and how it is to be carried out.

But NO WHERE does it "define" what "compulsory liquidation" IS.

If it's just another term or way of saying "forced liquidation," then include that. And include how it is "forced." 2600:8800:786:A300:C23F:D5FF:FEC4:D51D (talk) 09:55, 18 January 2018 (UTC)[reply]

Investment meaning[edit]

"Liquidation" can also mean termination of an investment position, at least in the cryptocurrency market. Errantius (talk) 21:46, 20 April 2021 (UTC)[reply]