Liquidation Agreement Style 11

The main purpose of a liquidation agreement is when the company has bad debts and is unable to repay the same; it enters into an agreement with the creditors for repayment of the same by liquidating its assets. You want to end your business partnership and would like to agree with your partners on the process of terminating your joint business. Rocket Lawyer is not a law firm or a substitute for an attorney or law firm. Use of Rocket Lawyer is subject to our Terms of Service and Privacy Policy. Then give attention to choosing a brand of the template that reflects your style and industry. You can use free design tool to add text, images, logo, style – whatever you want. The parties shall continue to be bound by the terms of the non-disclosure agreement between the parties, dated and attached to this agreement on. Buyer may elect to arrange shipping. DL support staff will send Buyer an E-mail request for shipping information and work with Buyer and Seller to arrange pickup time.

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Liquidation Agreement Style 11

Except for Listings (which can be modified at any time), all amended terms will automatically be effective thirty (30) calendar days after they are posted on our Site. This User Agreement may not otherwise be amended except through mutual agreement by you and a Liquidity Services' representative who intends to amend this User Agreement and is duly authorized to agree to such an amendment. In the UK, many companies in debt decide it is more beneficial to start again by creating a new company, often referred to as a phoenix company. In business terms this will mean liquidating a company as the only option and then resuming under a different name with the same customers, clients and suppliers. In some circumstances it may appear ideal for the directors; however, if they trade under a name which is the same or substantially the same as the company in liquidation without approval from the Court, they will be committing an offence under S216 of the Insolvency Act 1986 (and equivalent legislation in UK regions). Persons participating in the management of the 'phoenix' company may also be held personally liable for the debts of the company under s217 of the Insolvency Act unless the Court approval has been granted. In the UK, many companies in debt decide it is more beneficial to start again by creating a new company, often referred to as a phoenix company. In business terms this will mean liquidating a company as the only option and then resuming under a different name with the same customers, clients and suppliers.

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Business Formation
Business Management
Business Operations
Business Property
Client and Customer
Construction
Employment
Event
Event & Project Management
Financial
Financial Management
Finder's Fee Agreement
Human Resources
Inventory
IT Project Management
Manufacturing
Personal & Family
Personal Lists, Tracker & Calculator
Real Estate
Website & Services
Will & Estate Planning
Filter by Apps
Excel
Word

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