Introduction A liquidation is a procedure whereby a company concludes its existence, and sees its assets distributed to its beneficiaries after these assets have been converted into cash, if possible. It is possible to carry out a voluntary liquidation of a company, also known as a standard liquidation, without the company being insolvent. A second …
Continue reading “Liquidation vs. dissolution: advantages and disadvantages”
Introduction A liquidation is a procedure through which a company is terminated, and its assets are distributed to stakeholders after having been converted into cash, if possible. One can decide to liquidate a company voluntarily via a so-called “standard liquidation” or through the so-called “simplified liquidation” which is a dissolution in one step without liquidation, …
Continue reading “Liquidation vs dissolution : advantages and disadvantages”
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