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Meer informatie, zoals over hoe je je instellingen kunt aanpassen, vind je hier: cookiebeleid.We have conducted sales of every size from condos to 2- and 3-flat buildings to multi-million dollar mansions all over Chicago and its suburbs from the North Shore to the northwest, south and west.In a Chapter 7 proceeding, the company is going out of business, and a trustee is appointed to wind down its affairs and sell off any assets.The assets are used to pay administrative expenses first, followed by the claims of secured creditors.The fate of a liquidating company’s shares depends on the type of liquidation the company is undergoing.

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Voluntarily striking off or closing a company in Switzerland, for whatever reason, can be daunting if you are unaware of the potential steps or pitfalls involved.

Without specialist knowledge you may fall at the first hurdle and it is better to close or wind up the company in Switzerland cleanly without leaving a trail of civil and/or possibly criminal liabilities behind you.

The trustee then distributes any remaining assets according to a hierarchy of interest holders.

Bond holders and preferred shareholders are paid first if there are any remaining assets. As a practical matter, common shareholders do not receive anything.