City cnvlz investing liquidating trust guide to dating a nerd
The role of the trustee of the liquidating trust is to administer and manage the liquidating trust, sell assets, pay creditors, resolve any claims and distribute any available funds to the beneficiaries of the trust.
Over the last decade, a number of firms have been established to provide trustee services in addition to trust departments of banks.
The Trust Agreement was governed by the laws of the State of Delaware.
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Such assets may consist of securities that are illiquid or have certain restrictions or monies held in escrow where it will take several years for the conditions to be met for release of such funds.
City Investing Company Liquidating Trust was organized for the sole purpose of liquidating the assets and liabilities of City Investing Co.
(Industrial Property Trust or IPT) operates as a real estate investment trust (REIT) that acquires and operates high-quality distribution warehouses that are leased to corporate customers.