ProtoStar sought and was made by the bankruptcy court to auction its two satellites off to pay its outstanding liabilities.

The Northern states had not, and wanted the federal government to take over their outstanding liabilities.

In its filings, Napster said it had $101 million in outstanding liabilities.

Corporate debt restructuring is the reorganization of companies' outstanding liabilities.

If the target has a captive insurance company this must have an adequate capital base, sufficient reserves to pay its outstanding liabilities, and adequate reinsurance.

The sale closed on July 31, 2009, but the proceeds were insufficient to cover outstanding liabilities.

They also have about $80,000 in outstanding liabilities.

Enron was estimated to have about $23 billion in liabilities from both debt outstanding and guaranteed loans.

Sole traders may simply be able to close the business and pay off any outstanding liabilities, especially if there are no employees involved.

It is allowed to make payments on any outstanding liabilities, any maintenance needs and fees for lawyers.