Vantage Drilling Company Common Shares (VTGDF)

[seven-up]

Liquidation Seem like there is confusion on Liquidation little DD to help.
From Wikipedia, the free encyclopedia
For the process of a solid literally becoming a liquid, see liquefaction. For other uses, see Wind up (disambiguation) or Liquidation (disambiguation).


In United Kingdom and United States law and business, liquidation is the process by which a company (or part of a company) is brought to an end, and the assets and property of the company are redistributed. Liquidation is also sometimes referred to as winding-up or dissolution, although dissolution technically refers to the last stage of liquidation. The process of liquidation also arises when customs, an authority or agency in a country responsible for collecting and safeguarding customs duties, determines the final computation or ascertainment of the duties or drawback accruing on an entry.[1]
Liquidation may either be compulsory (sometimes referred to as a creditors' liquidation) or voluntary (sometimes referred to as a shareholders' liquidation, although some voluntary liquidations are controlled by the creditors, see below).