Liquidation Flashcards
1
Q
Liquidation order
A
Cost of liquidation Fixed charge holders Preferential creditors (employees) Floating charge holders Unsecured ordinary creditors Holders of deferred debts Shareholders
Corporate and Business Law > Liquidation > Flashcards
Liquidation order
Cost of liquidation Fixed charge holders Preferential creditors (employees) Floating charge holders Unsecured ordinary creditors Holders of deferred debts Shareholders