Liquidadors

Liquidadors refers to individuals or entities tasked with the process of liquidation. Liquidation is the process by which a company or organization is dissolved, its assets are sold, and the proceeds are used to pay off its debts. If any funds remain after all debts are settled, they are distributed to the company's shareholders.

The role of a liquidator is crucial in ensuring an orderly wind-up. They are typically appointed by the company's directors, shareholders, or by a court order. Their responsibilities include taking control of the company's assets, determining the extent of its liabilities, and realizing (selling) the assets in the most beneficial way possible. They must also manage the distribution of any remaining funds according to legal priorities, which usually involve creditors before shareholders.

Liquidation can occur for various reasons, including insolvency, where the company can no longer meet its financial obligations, or voluntarily, when the shareholders decide to cease operations. In cases of insolvency, the liquidator's duties are primarily to the creditors. The process is governed by specific laws and regulations that vary by jurisdiction. The ultimate goal is to bring the company's affairs to a close and remove it from existence.