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Provisional liquidation is a process which exists as part of the corporate insolvency laws of a number of common law jurisdictions whereby after the lodging of a petition for the winding-up of a company by the court, but before the court hears and determines the petition, the court may appoint a liquidator on a "provisional" basis. [1]
In 1961, California Assemblyman John A. Busterud proposed to expand the power of the Commission to require its approval for the Governor to appoint judges, [4] which was endorsed by Caspar Weinberger. [5] A bill to that effect was introduced in 1963. [6] The Commission has been criticized by various groups since shortly after its creation. [7]
In most jurisdictions, a liquidator's powers are defined by statute. [3] Certain powers are generally exercisable without the requirement of any approvals; others may require sanction, either by the court, by an extraordinary resolution (in a members' voluntary winding up) or the liquidation committee or a meeting of the company's creditors .In the United Kingdom, see sections 165-168 of the ...
Liquidation may either be compulsory (sometimes referred to as a creditors' liquidation or receivership following bankruptcy, which may result in the court creating a "liquidation trust"; or sometimes a court can mandate the appointment of a liquidator e.g. wind-up order in Australia) or voluntary (sometimes referred to as a shareholders ...
The appointment of Sen. Laphonza Butler (D-Calif.) to fill the vacancy left by the late Sen. Dianne Feinstein (D-Calif.) is throwing a wrench into the high-stakes California Senate battle amid ...
[4] [5] A presidential notice or a presidential sequestration order can also be issued. [ 6 ] [ 7 ] Listed below are executive orders numbered 6071–9537 and presidential proclamations signed by United States President Franklin D. Roosevelt (1933–1945).
Appellate review of the decisions of the Agricultural Labor Relations Board, [37] the Public Utilities Commission, [38] and the Workers Compensation Appeals Board of the Department of Industrial Relations [39] is available only by petition for writ of review (California's modern term for certiorari) to the relevant California Court of Appeal ...
Bitwise Industries was an American company focused on computer programming instruction, technology sales, and real estate operations. Founded in 2013 by Irma Olguin Jr. and Jake Soberal in Fresno, the company grew to have campuses in additional cities before furloughing its workforce and terminating the co-CEOs in June 2023.