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Simple English definitions for legal terms

distribution in liquidation

Read a random definition: patria potestas

A quick definition of distribution in liquidation:

Distribution in Liquidation: When a company or partnership is closing down, they may distribute their assets to their shareholders or partners. This is called a liquidating distribution. It means that the company is selling off everything it owns and giving the money to the people who own a part of the company. This is different from a nonliquidating distribution, which is when a company gives some of its assets to its shareholders or partners but continues to operate.

A more thorough explanation:

Distribution in liquidation is the process of dividing the assets of a business that is closing down and distributing them to its owners or shareholders. This is also known as a liquidating distribution.

For example, if a company decides to shut down, it will sell off its assets and pay off its debts. After that, any remaining money or property will be distributed among the shareholders. This is a liquidating distribution.

Another type of distribution is a nonliquidating distribution, which is when a company distributes excess capital to its shareholders without closing down.

Overall, distribution in liquidation is the process of dividing a company's assets among its owners when it is closing down.

distribution in kind | distribution license

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MIAMI A
[] AromaticTroubledDormouse
20:55
How does one know if they are UR1 or UR2?
[] AromaticTroubledDormouse
20:56
CONGRATS MACAQUE!
TY
got a random stanford email and almost had a heart attack
ALSO CONGRATS!
Congrats1!
21:15
Miami A, yall I'm so excited I could cry.
21:15
Feel like I can finally stop holding my breath!! Whew!!!
[] baddestbunny
22:16
every time I get accosted by a strange man who follows me around because my male coworkers were too busy talking to walk me back to my car I get closer to saying we need to bring back traditional gender roles
Dkk
22:32
Nice! @Macaque
Dkk
22:32
@Aromatic, Have to guess.
Dkk
22:33
That sucks @Bunny do you have to go to the hospital?
[] baddestbunny
22:40
I said accosted not assaulted
23:35
guys. my notre dame address just went long is this good or bad
1a2b3c4d26z
23:37
Oooooo me too
23:37
omg is this good or bad
Dkk
23:47
Idk if gender roles are gunna fix that then.
23:49
it looks like most people who applied in october last cycle didn't get a decision until january... does it even mean anything that our addresses went long??
hows ED 2 compared to ED 1?
Dkk
0:10
No idea
windyMagician
0:34
reporting live to say my ndls address also went long
does it mean anything ^
Dkk
2:21
NDLS and Fordham took a very long time last year. It's good info for people to know.
[] baddestbunny
4:29
let’s get after it boys and girls
Dkk
5:21
I gtg to bed soon.
Dkk
5:22
Big day today. Gunna be a crazy one. I will sleep through the first half.
good morning lsd it is 5 am EST
also jazzy my ndls address went long ages ago i sadly do not think it means anything
my stanford address also went long LOL i think at most it's an indicator it's under review
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