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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]
When a creditor petitions the court seeking a court liquidation (a court-mandated winding up) of an insolvent company, the court appoints a "provisional liquidator" to temporarily preserve the company's assets while the winding-up application is pending. [1] [2] Administrators are required to be registered liquidators since they have broad ...
The California Commission on Judicial Appointments is a body of the government of California established in its current form in 1979 that is responsible for reviewing and confirming justices appointed by the Governor of California to the Supreme Court of California and judges appointed by the Governor to the California Courts of Appeal. [1]
So the California courts allow a defendant represented by court-appointed counsel to directly communicate with the trial judge in the context of a Marsden motion, and only in such a context. A Marsden motion is a formal request made by a criminal defendant to the court. The court hears arguments on the motion from the defendant and the attorney ...
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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 ...
Starbucks is trying to brew up a new chapter with its baristas as the coffee giant attempts a wider turnaround in its business and stock price under new CEO Brian Niccol.It has been nearly three ...