Before revision: Liquidation may either be compulsory (sometimes referred to as a creditors' liquidation or receivership following bankruptcy, which may result in the court creating a "liquidation trust"; or sometimes a court can mandate the appointment of a liquidator e.g.
After revision: Liquidation may either be compulsory (sometimes referred to as a creditors' liquidation or receivership following Bankruptsy which may result in the court creating a "liquidation trust"; or sometimes a court can mandate the appointment of a liquidator e.g.