liquidation

The Situation - Served as Plan Administrator during liquidation of national retail chain (jewelry and home goods) - Over 200 retail locations (50,000 square feet per location) - Three distribution center locations - More than $1.5 billion in claims - Low recovery expectation The Results -...

Write-off, Reconstruction, Liquidation or Bankruptcy Worst case scenario occurs when the venture fails and the VC tries to minimize its losses. The investment may be written off or forced into bankruptcy and liquidation. If the VC continues to hold shares in the non-viable venture, the...