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In the context of a managed liquidation it can be particularly effective as the final stage of a well planned wind down process.Alternatively, the liquidating trust can be a backstop for a complete and relatively quick transfer of liquidation responsibilities to a third party trustee when a management team finds itself unable or unwilling to complete the liquidation effectively.

He thought he was driving in a golden chariot through the streets of Rome amid the shouts of the people, who hailed him as emperor.Most ocean freight is billed on the basis of weight or measurement tons (W/M).Weight tons can be expressed in short tons of 2000 pounds, long tons of 2240 pounds or metric tons of 1000 kilos (2204.62 pounds).To many the words “liquidating trust” connote bankruptcy, but that need not always be the case.In fact, a liquidating trust can be a cost effective, simplified structure to wind down a solvent company and realize some value for stockholders.

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An average fish here runs over four pounds and no one gets excited until the fish reach double digits.

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