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Biotech / Medical : Munch-a-Biotech Today
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To: scaram(o)uche who wrote (167)2/22/1999 2:36:00 PM
From: Vector1  Read Replies (1) of 3158
 
You could create a liquidating trust which transfered cash as it comes in. Somewhat cumbersome but doable. In addition, under most state laws it takes a significant amount of time to be in a position to make a liquidation distribution. Notice has to be given to creditors and potential creditors. Could take 6 months.
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