#liquidation

[one-time-i-dreamt]

I went to a small bookstore as they were having a liquidation sale with the goal of buying a bookshelf. As I’m talking to one of the clerks about getting a bookshelf, I begin to uncontrollably lactate.

[timpetum]

Translation (maybe very crooked, sorry) :

Hey, Raven. Wanna hear a joke? I just remembered one)

Don't want! Dimwit woodpecker, we're on a mission.

Uh! Don't rush to cuss. Better listen... Stirlitz was shooting blindly. The blind screamed and ran in zigzags. What the- What a noise?! Raven?

RAVEN, DON'T TOUCH THE EARPIECE!

[lasseling]

Japanese banking giant Norinchukin PULLS PLUG on global financial system with $63 billion Treasuries, European bonds LIQUIDATION

As many predicted, the next phase of the global financial collapse currently in motion is striking Japan as banking giant Norinchukin, best known as Japan's "CLO whale," liquidates $63 billion worth of U.S. Treasuries and European bonds to address the massive unrealized losses on its balance sheet.

[fuzzyghost]

[lintmod]

[Pokemon] OHKO Azumarill

[nando161mando]

Saw this in my local Rue 21

[dontmeantobepoliticalbut]

Right-wing conspiracy theorist Alex Jones on Thursday moved to liquidate his personal assets, agreeing to demands from the families of Sandy Hook victims whom he owes more than $1.5 billion in damages over his lies about the 2012 school massacre.

The seismic move paves the way for a future in which Jones no longer owns Infowars, the influential conspiracy empire he founded in the late 1990s. Over the years, Jones has not only used the media company to poison the public discourse with vile lies and conspiracy theories, but also to enrich himself to the tune of millions of dollars.

Prior to Thursday, Jones had resisted converting his personal bankruptcy into a Chapter 7 liquidation. But facing mounting legal pressure, he reversed course and caved to the demands of the Sandy Hook families, who have still not seen a penny from Jones since juries in Connecticut and Texas found him liable in 2022 for defamation and emotional distress. His lawyers said in a filing that there was “no reasonable prospect for a successful reorganization” and that continuing down the path would only result in additional expenses incurred by Jones.

The legal maneuver ultimately “means [Jones’] ownership in Free Speech Systems is going to get sold,” Avi Moshenberg, an attorney who represents some of the Sandy Hook families, told CNN on Thursday night, referencing the parent company of Infowars.

“Converting the case to Chapter 7 will hasten the end of these bankruptcies and facilitate the liquidation of Jones’s assets, which is the same reason we have moved to convert his company’s case to Chapter 7,” Chris Mattei, another attorney representing Sandy Hook families, told CNN.

Jones technically has not controlled the Infowars business for some time, given that Free Speech Systems has also filed for bankruptcy protection. The company’s business has, thus, been under the supervision of a court appointed restructuring officer.

A hearing is scheduled for next Friday to determine the fate of Free Speech Systems’ bankruptcy.

But regardless of what happens in that case, Thursday’s legal move sets the stage for a court-appointed trustee to liquidate Jones’ personal assets, which includes his stake in Infowars.

The liquidation of Jones’ assets does not mean that Infowars will cease to exist. Several outcomes are possible. The court-appointed trustee could sell the business to another owner, for instance.

A representative for Jones did not immediately respond to a request for comment Thursday night.

[aowski]

The Politics of Memory

“The way memory politics functions in Europe, in the United States, but especially in Germany, the cornerstone is that the Holocaust was a singular event, standing outside of history. My argument is that in order to learn from history, we have to compare. That actually has to be a constant exercise. We are not smarter people, better people, or more educated people than the people who lived ninety years ago. The only thing that makes us different from those people is that in their imagination the Holocaust did not yet exist. In ours it does. We know that it’s possible. And the way to prevent it is to be vigilant in the way Hannah Arendt did in fact and other Jewish thinkers who survived the Holocaust. There was an entire conversation in the first two decades after World War Two in which they really talked about how to recognize the signs of sliding into the darkness. Our entire framework of international humanitarian law, it comes out of the Holocaust as does the concept of genocide. And I argue that that framework is based on the assumption that you are always looking at war, at conflict, at violence through the prism of the Holocaust. You always have to be asking the question of whether crimes against humanity, the definitions of which came out of the Holocaust, are occurring. Israel has waged an incredibly successful campaign of not only setting the Holocaust outside of history, but setting itself aside from the optics of international humanitarian law by weaponizing the politics of memory and the politics of the Holocaust.”

Masha Gessen, in an Interview on Democracy Now, 16 Dec 2023

[wastingfate]

"One fine day, we wake up with a stranger in a strange bedroom, I thought to myself, and never again do we find our way back to ourselves" -Imre Kertész

[pokemoninaction]

Inteleon used Liquidation!

~ Ultimate Journeys Ep. 20

[uuuhshiny]

Vladimir Mashkov in Liquidation

[green-ann]

If you could ask a question to the Chernobyl liquidator, what would it be?

Write in the comments 👇🏻

@elenatria @connihd @legasovas @leonaevelyn @donat5dio @johnlockismyreligion @odense @bewareofdragon and everyone

[fruitcage]

[rodspurethoughts]

Bed Bath & Beyond Files for Chapter 11 Bankruptcy, Secures $240 Million Financing for Wind Down

Bed Bath & Beyond Inc. has filed voluntary petitions for relief under Chapter 11 of the U.S. Bankruptcy Code to wind down its businesses while conducting a limited marketing process to solicit interest in one or more sales of its assets. The company has secured approximately $240 million in debtor-in-possession financing to support operations during the Chapter 11 process. While the company has…

[simpleliquidation12]

Trust Agent to Start your Simple Liquidation process.

Simple Liquidation was designed to provide the best and most simple solutions to liquidate a company. we are `licensed and authorized to act in relation to an insolvent individual, partnership, or company. Our Insolvency Practitioners have over 30 years of experience. we are also members of the Insolvency Practitioners Association. Our team is able to advise which is the best insolvency solution for your individual needs. For Consultation Contact us on 0800 246 5895.

[lexlawuk]

When will solicitors have waived (or be presumed to have waived) their equitable lien?

When will solicitors have waived (or be presumed to have waived) their equitable lien?

In Supreme Court case of Candey Ltd v Crumpler and another (as Joint Liquidators of Peak Hotels and Resorts Ltd (In Liquidation))[2022] UKSC 35 the question in issue was that under what circumstances will solicitors have waived (or be inferred to have waived) their equitable lien when a solicitor enters into a security arrangement with a client? Peak Hotels & Resorts Ltd. (“PHRL“), a business…