Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

What is the timeline for the court process regarding the petitions for liquidation?

April 26, 2017Court Liquidation petitions process timeline

0

Posted

What is the timeline for the court process regarding the petitions for liquidation?

1 Answer

0

Posted

The Rehabilitator filed petitions for liquidation on October 2 and filed amended petitions for liquidation on October 23, 2009. The Commonwealth Court is considering the petitions. The judge may decide to hold hearings and/or request additional information from the Rehabilitator, the companies, and other interested parties before a ruling is made. This process could take several months.