Liquidating an llc


08-Mar-2016 02:47

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Once the process is complete, the business is dissolved.By using this site, you consent to the terms of KCC's Terms of Use and Privacy Statement regarding the use and processing of personal information, and any and all other terms that may be set forth on this site concerning the collection of personal information.If you do not agree to these terms, you should not use this site.Read More Insurance to assist in the acceleration of a liquidation process, while also protecting the liquidating entity from unknown liabilities and the professionals/fiduciaries undertaking the liquidation.

Read More Insurance to assist in facilitating a restructuring or workout by insuring against potential liabilities by providing protection to the buyers of distressed assets or individuals responsible for undertaking the restructuring or workout.The most current financial information can be found in the Consolidated Financial Statements section of this website. Ray III was appointed Liquidation Trust Manager (“LTM”) on November 18, 2016. Ray served as Chief Counsel to the Trust from September 2015. Ray is Senior Managing Director of Greylock Partners, LLC. Ray has served in various capacities with respect to Chapter 11 bankruptcy estates. Ray served as Chief Restructuring Officer of Overseas Shipping Group and from 2014 to 2015, Chairman of the Board of Overseas Shipping Group. Ray has served as the principal officer of Nortel Networks, Inc. Ray served as the Chairman of the Restructuring Committee of the Board of GT Technologies. Ray was Chairman of the post confirmation Board of Enron Corporation and, from 2005 to 2009, President of post confirmation Enron Corporation.