In clear and concise language, this text explains how to wind-down and bring to successful conclusion the liquidation of a company, where to find hidden values, and what problems to look for.

Includes index.

The basics of liquidation -- Chapter 7 liquidations -- Liquidating in chapter 11 -- A tale of two liquidations : case studies in chapter 7 and chapter 11 -- Employee issues -- Day-to-day management -- Locating and disposing of assets -- Pursuing litigation -- Claims and distributions -- Receiverships and assignments for the benefits of creditors -- Closing down.