SCO has used various stalling tactics to avoid complete liquidation, but its time is clearly running out.

The club avoided liquidation on that occasion.

The group stumbled out of the forest in summer 1944 with 1,250 people, most of them working-class Jews who had avoided near-certain liquidation.

Sunterra successfully avoided liquidation and emerged from bankruptcy in July 2002.

Liability only attaches when the company has no realistic prospect of avoiding insolvent liquidation.

And yet, as of Friday, the fund, though badly battered, had managed to avoid liquidation.

The company is hustling to restructure its finances and avoid bankruptcy or liquidation.

The fund sold all of its energy contracts to raise cash and avoid liquidation by its creditors.

Alitalia is being split in two and is accepting a $490 million rescue package to avoid liquidation.

In its struggle to remain a functioning business and avoid liquidation, Enron said it was in advanced talks to obtain new loans.