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Case 1612435CSSDoc 541Filed 04/20/17Page 1 of 13IN THE UNITED STATES BANKRUPTCY COURT FOR THE DISTRICT OF DELAWARE))) DB HOLDINGS LIQUIDATION, INC. (f/k/a) DIRECT BUY HOLDINGS, INC.), et al., 1)) Debtors. )) In
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01
Gather all necessary information about the assets and liabilities of the DB Holdings.
02
Determine the method of liquidation, whether it will be through voluntary or involuntary liquidation.
03
Prepare the necessary legal documents such as the notice of liquidation, statement of affairs, and resolutions.
04
Inform the relevant stakeholders such as creditors, investors, and employees about the liquidation process.
05
Cease the ongoing business operations of DB Holdings and start selling off its assets.
06
Distribute the proceeds from the asset sales to settle the outstanding debts and liabilities of DB Holdings.
07
File the necessary tax returns and comply with any legal obligations related to the liquidation.
08
Close the liquidation process by obtaining the necessary approvals and completing all required documentation.

Who needs db holdings liquidation inc?

01
DB Holdings liquidation inc might be needed by the company itself if it is facing insolvency or if its shareholders decide to wind up the business.
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Creditors of DB Holdings may also be interested in the liquidation process as it allows them to recover some or all of the outstanding debts owed to them.
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Investors or potential buyers may also be interested in acquiring the assets of DB Holdings through the liquidation process.
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db holdings liquidation inc is a company that is going through the process of liquidation and winding up its operations.
The company's directors or appointed liquidators are typically responsible for filing db holdings liquidation inc.
To fill out db holdings liquidation inc, you will need to provide information about the company's assets, liabilities, creditors, and distribution of assets.
The purpose of db holdings liquidation inc is to distribute the company's assets among its creditors and shareholders in an orderly manner.
Information such as the company's assets, liabilities, creditors, and proposed distribution of assets must be reported on db holdings liquidation inc.
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