Limitations on liquidator's powers

Article Abstract:

A recent case decided by the New South Wales Supreme Court reiterates the rule that all of the powers of the directors of a company are transferred to a liquidator when a company goes into liquidation. The powers of a liquidator is limited only to those related to the activities necessary in winding up the affairs of the company with the end goal of distributing the latter's property. In addition, the powers conferred to a liquidator does not extend to and cannot replace those expressly and exclusively vested on some other designated corporate officer.

Regulation, Licensing, and Inspection of Miscellaneous Commercial Sectors, Financial Regulation & Reporting, Laws, regulations and rules, Bankruptcy, Liquidation, Financial disclosure

---

Spanish treasury bond market liquidity and volatility pre-and post-European Monetary Union

Article Abstract:

A study is conducted using bond liquidity function to examine the impact of debt management initiatives implemented in Spain to pre European Monetary Union.

Government expenditures, Spain, Economic policy, Treasury market, Debt management, European monetary union

---

Cash-flow shortage as an endogenous bankruptcy reason

Article Abstract:

The impact of liquidity on optimal capital structure is examined.

Germany, Corporations

Similar abstracts:

• Abstracts: Insider actions point to higher threat of disinflation than inflation. Raychem Corp
• Abstracts: Information quality and market share in electronic commerce. The applicability of SERVQUAL in cross-national measurements of health-care quality
• Abstracts: Netting out the costs of a phone call. Profit sharing and monitoring in partnerships. The memory of the future
• Abstracts: The liquidity of bank assets and banking stability. Modelling the economic value of credit rating systems. Comparing possible proxies of corporate bond liquidity

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.