If your business is experiencing financial difficulties and is likely to fail, you may need to close your doors to avoid making the situation worse than it already is. You have a legal duty to cease operating when there is no chance of your business recovering and paying back its...
Liquidation is the process of gathering the assets of a business to settle the corporate debts. Once this process is completed, the business is then dissolved. One should not rush into this; it is important to take advice about whether this is the best route for your business. If it...
Evolutionary theory studies selection processes by which organizational entities exit environments that they do not fit, but most work has underemphasized the distinction between selection of firms and selection of their underlying capabilities. This paper argues that the extent of organizational capabilities that struggling firms possess affects the type of...
CHICAGO -- AM-CH, Inc. (OTCBB:AGMX) announced that it filed a certificate of dissolution today with the Secretary of State of the State of Delaware in accordance with the plan of dissolution approved by the stockholders on September 10, 2004.
GOLDEN, Colo. -- HealtheTech, Inc. (Pink Sheets:HETC) (the "Company") announced today that its Board of Directors has approved the dissolution of the Company and adopted a plan of complete liquidation and dissolution, which will be submitted to the Company's stockholders for approval. Subject to approval of the dissolution and plan...
Bankruptcy and marriage frequently turn out to be an unhappy combination. At its best, bankruptcy is a tool for newlyweds to “cleanse” one of the spouses of debt before the couple moves forward together. At other times it can serve the purpose of simplifying issues before the dissolution process begins....
WITH THE apparent dissolution of the Saudi Gas Initiative SGI, Saudi Arabia's $25 billion plan to develop its gas reserves with the assistance of multinational oil companies ExxonMobil Corp. and Royal Dutch Shell, any upturn in the world ethylene WITH THE apparent dissolution of...
NASHVILLE, Tenn.--BUSINESS WIRE--Nov. 18, 1995--MedAlliance, Inc. (Nasdaq/NM:MDAL) announced today that it is filing Articles of Dissolution with the Tennessee Secretary of State, in accordance with the plan recently approved by shareholders for the complete liquidation and dissolution of the Company.
Dana Corp. of Toledo, Ohio, a supplier of drivetrain, chassis, structural, and engine technologies, announced that it and Desc S.A. de C.V. have completed the dissolution of their Mexican joint ... Dana Corp. of Toledo, Ohio, a supplier of drivetrain, chassis, structural, and engine technologies, announced...
California Education for the Bar (CEB; Oakland, CA) has released an updated edition of Practice Under the California Family Code, a reference for handling dissolution, legal separation, and nullity actions. It covers developments in 2003 and also car California Education for the Bar (CEB; Oakland, CA)...
KIEV AFP — Ukraine's President Viktor Yushchenko on Wednesday announced the dissolution of parliament following the collapse last month of the country's pro-Western coalition government. "In conformity with the Ukrainian constitution, I halt the parliament's powers and announce parliamentary elections," Yushchenko said in a televised address to the...
OHRID, Macedonia AFP — Washington will continue to support Ukraine's bid to join NATO, US Defence Secretary Robert Gates said Wednesday on a tour which has already taken him to Kosovo. "It is a time of political transition in Ukraine and I assured the Ukrainian defence minister that...
TOKYO AFP — Japan's new Prime Minister Taro Aso on Monday brushed aside talk of an immediate election, vowing to concentrate on revitalising the ailing economy as he struggles to win over voters. "Our priority is to let the supplementary budget pass. Therefore, I don't have dissolution (of...
MILWAUKEE, Oct. 3 /PRNewswire-FirstCall/ -- ZBB Energy Corporation announced today that the co-operative joint venture agreement between China Century Capital Limited formerly China Century Group Limited CCC and ZBB was terminated by mutual agreement on October 2, 2008. The effect of this termination is to cancel...
Energy Infrastructure Acquisition Corp.(AMEX: EII) (AMEX: EIIW) ("Energy Infrastructure" or the "Company") todayannounced that that its Board of Directors has called a special meeting ofstockholders to be held on October 30, 2008, to consider and approve thedissolution and liquidation of the Company. As previously announced, thedissolution and liquidation is being...
Shareholders Re-Elect Eugene Miller and Adam Sexton as Directors TROY, Mich., Oct. 1 /PRNewswire-FirstCall/ -- Handleman Company (Pink Sheets: HDLM), http://www.handleman.com/ , today announced that its shareholders approved the Company's plan of liquidation and dissolution and also re-elected Eugene Miller and Adam Sexton as directors of the...
Bruce Conner, who died in San Francisco on July 7, led more lives in his 74 years than most of us could begin to imagine. An unpredictable and inveterate trickster, he made sculptures, collages, films, prints, drawings, paintings, photos and light shows; he even stood for political office. He didn't...
Numerous pundits and economists are dissecting the demise of Wall Street's historic brokerage firms and major mortgage lenders with a whirlwind of complex explanations and jargon. Their take: Blame it on risky derivatives, hedge trading, borrowing short and lending long. ...
Alex Rodriguez is officially free to have sex with Madonna again. Serena Williams is going to be an author. And Miley Cyrus has a new old guy. STICK A FORK IN IT: It started with a roar but ended with a whimper. We're talking about the divorce...
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