Liquidating co

We offer a wide variety of services in addition to estate liquidations: bankruptcy sales, moving sales, auctions, as well as antique and jewelry sales.

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As provided by law, we will remain in existence as a non-operating company for purposes of settling our affairs and closing our business, monetizing, disposing of and conveying our property, discharging our liabilities and distributing remaining assets to stockholders.In both cases, the liquidator’s job is to see that the process is carried out properly and legally.Generally a company will need to take the following steps: Rabin is an international company that specializes in creating liquidity for complex manufacturing facilities with idle or marginally productive assets.With respect to additional liquidating distributions, Delaware law requires that we pay or make provision to pay all of our liabilities and obligations, including contingent and conditional liabilities, claims that are subject to pending litigation involving the Company and certain claims that have not arisen or are unknown but that are likely to arise or become known in the future.Uncertainties as to the amount of liabilities make it impossible to predict precisely amounts that will ultimately be available for distribution.This can be done as a voluntary liquidation or a court ordered, forced liquidation, with a liquidator appointed to oversee the process.

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