Company Information for

CAZENOVE IP LIMITED

C/O Mazars Llp, 30, Old Bailey, London, EC4M 7AU,

Company Registration Number

05289913

Private Limited Company

Liquidation

About Cazenove Ip Ltd

CAZENOVE IP LIMITED was founded on 2004-11-18 and has its registered office in London. The organisation's status is listed as "Liquidation". Cazenove Ip Limited is a Private Limited Company registered in with Companies House and the accounts submission requirement is categorised as FULL
  • Annual turnover is £6.5 million or more
  • The balance sheet total is £ 3.26 million or more
  • Employs 50 or more employees
  • May be publically listed
  • May be a member of a group of companies meeting any of the above criteria

Key Data

Company Name
CAZENOVE IP LIMITED
Legal Registered Office
C/O Mazars Llp, 30
Old Bailey
London
EC4M 7AU
Other companies in E14
Previous Names
TRUSHELFCO (NO.3111) LIMITED
03/12/2004

Filing Information

Company Number05289913
Date formed2004-11-18
Origin CountryUnited Kingdom
TypePrivate Limited Company
Company StatusLiquidation
Lastest accounts2019-12-31
Account next due30/09/2021
Latest filing return01/11/2015
Filing return next due29/11/2016
Type of accountsFULL
Last Datalog update:
2023-04-10 23:50:59
Primary Source:

Current Directors

Officer Role Occupation Date Appointed Country
J.p. Morgan Secretaries (uk) Limited Company Secretary 2010-01-04
Mark Steven Allen Director ACCOUNTANT 2017-08-01 UNITED KINGDOM
James Anthony Paul Chatters Director ACCOUNTANT 2017-08-01 UNITED KINGDOM
John Richard Hobson Director ACCOUNTANT 2017-08-01 UNITED KINGDOM

Previous Directors

Officer Role Date AppointedDate Resigned
Leroy Jerome Ronan Navaratne Director 2013-09-03 2017-08-01
Stephen Michael White Director 2013-01-04 2017-08-01
Ian Robert Lyall Director 2010-01-04 2013-09-03
Nigel John David Collett Director 2010-06-30 2013-01-04
Michael Richard Parkes Power Director 2004-12-07 2010-06-30
Geoffrey Madle Company Secretary 2009-01-30 2010-04-01
David Lionel Mayhew Director 2004-12-07 2010-01-04
Jane Earl Company Secretary 2004-12-07 2009-01-30
Robert Mark Pickering Director 2004-12-07 2008-04-30
Trusec Limited Nominated Secretary 2004-11-18 2004-12-07
Matthew Shaun Bowden Director 2004-11-25 2004-12-07
Padraig Joseph Cronin Director 2004-11-25 2004-12-07
Louise Jane Stoker Director 2004-11-18 2004-11-25
Eleanor Jane Zuercher Director 2004-11-18 2004-11-25

Related Directorships for J.p. Morgan Secretaries (uk) Limited

Officer Related Company Role Date Appointed Role StatusIncorporation dateCompany Status
J.p. Morgan Secretaries (uk) Limited WEPAY PAYMENTS LTD.Company Secretary 2018-03-29 CURRENT 2014-07-17 Active
J.p. Morgan Secretaries (uk) Limited JPMAM RE GP 4 LIMITEDCompany Secretary 2017-07-28 CURRENT 2017-07-28 Active
J.p. Morgan Secretaries (uk) Limited JPMAM RE GP 4 (SCOTS) LIMITEDCompany Secretary 2017-07-25 CURRENT 2017-07-25 Active
J.p. Morgan Secretaries (uk) Limited JPMORGAN LIFE LIMITEDCompany Secretary 2016-02-26 CURRENT 1996-10-10 Active
J.p. Morgan Secretaries (uk) Limited J.P. MORGAN G2 GP LIMITEDCompany Secretary 2015-09-16 CURRENT 2015-09-16 Active - Proposal to Strike off
J.p. Morgan Secretaries (uk) Limited J.P. MORGAN G2 (SCOTS GP) LIMITEDCompany Secretary 2015-09-07 CURRENT 2015-09-07 Active
J.p. Morgan Secretaries (uk) Limited J.P. MORGAN EO III UK GP LIMITEDCompany Secretary 2013-08-14 CURRENT 2013-08-14 Liquidation
J.p. Morgan Secretaries (uk) Limited JPMAM RE GP 3 (SCOTS) LIMITEDCompany Secretary 2013-07-31 CURRENT 2013-07-31 Active
J.p. Morgan Secretaries (uk) Limited BEAR STEARNS OVERSEAS FUNDING UNLIMITEDCompany Secretary 2012-10-02 CURRENT 2003-11-12 Dissolved 2016-04-04
J.p. Morgan Secretaries (uk) Limited WELLESBOURNE DISTRIBUTION PARK GP LIMITEDCompany Secretary 2011-07-29 CURRENT 2011-07-25 Active - Proposal to Strike off
J.p. Morgan Secretaries (uk) Limited J.P. MORGAN METALS GROUP LIMITEDCompany Secretary 2010-07-01 CURRENT 2001-11-19 Liquidation
J.p. Morgan Secretaries (uk) Limited J.P. MORGAN ENERGY TRADING HOLDINGS LTDCompany Secretary 2010-07-01 CURRENT 1999-01-28 Liquidation
J.p. Morgan Secretaries (uk) Limited J.P. MORGAN METALS LIMITEDCompany Secretary 2010-07-01 CURRENT 1970-02-19 Active
J.p. Morgan Secretaries (uk) Limited GREENWOOD NOMINEES LIMITEDCompany Secretary 2010-06-30 CURRENT 1986-03-05 Active
J.p. Morgan Secretaries (uk) Limited J.P. MORGAN G1 (GP) LIMITEDCompany Secretary 2010-04-12 CURRENT 2010-04-12 Active
J.p. Morgan Secretaries (uk) Limited J.P. MORGAN G1 (GP SCOTS) LIMITEDCompany Secretary 2010-01-13 CURRENT 2010-01-13 Active
J.p. Morgan Secretaries (uk) Limited CAZENOVE US HOLDINGS LIMITEDCompany Secretary 2010-01-04 CURRENT 2004-11-18 Dissolved 2016-02-29
J.p. Morgan Secretaries (uk) Limited JPMORGAN CAZENOVE HOLDINGSCompany Secretary 2010-01-04 CURRENT 2001-02-01 Liquidation
J.p. Morgan Secretaries (uk) Limited JPMORGAN CAZENOVE SERVICE COMPANYCompany Secretary 2010-01-04 CURRENT 1962-01-31 Liquidation
J.p. Morgan Secretaries (uk) Limited J.P. MORGAN CAZENOVE LIMITEDCompany Secretary 2010-01-04 CURRENT 2001-02-02 Liquidation
J.p. Morgan Secretaries (uk) Limited J.P. MORGAN CLIMATE CARE LIMITEDCompany Secretary 2009-06-17 CURRENT 1997-05-13 Dissolved 2014-04-28
J.p. Morgan Secretaries (uk) Limited JPMAM RE GP 2 LIMITEDCompany Secretary 2007-05-24 CURRENT 2007-05-24 Active
J.p. Morgan Secretaries (uk) Limited JZ FINANCIAL MANAGEMENT LIMITEDCompany Secretary 2006-01-23 CURRENT 2006-01-23 Liquidation
J.p. Morgan Secretaries (uk) Limited J.P. MORGAN INTERNATIONAL BANK LIMITEDCompany Secretary 2005-09-21 CURRENT 1999-09-06 Active
J.p. Morgan Secretaries (uk) Limited JPMAM RE PROPERTY GP LIMITEDCompany Secretary 2004-12-15 CURRENT 2004-12-13 Active
J.p. Morgan Secretaries (uk) Limited JPMORGAN ASSET MANAGEMENT (UK) LIMITEDCompany Secretary 2003-10-03 CURRENT 1974-02-27 Active
J.p. Morgan Secretaries (uk) Limited J.P. MORGAN CORPORATE SERVICES LIMITEDCompany Secretary 2003-08-06 CURRENT 1990-12-10 Dissolved 2014-07-22
J.p. Morgan Secretaries (uk) Limited JPMORGAN ASSET MANAGEMENT INTERNATIONAL LIMITEDCompany Secretary 2003-07-14 CURRENT 2001-04-05 Active
J.p. Morgan Secretaries (uk) Limited J.P. MORGAN TRUSTEE & ADMINISTRATION SERVICES LIMITEDCompany Secretary 2003-05-01 CURRENT 1984-06-12 Active
J.p. Morgan Secretaries (uk) Limited THE CHURCH COMMISSIONERS FOR ENGLAND (CHASE GIS) NOMINEES LIMITEDCompany Secretary 2002-12-12 CURRENT 1996-02-22 Liquidation
J.p. Morgan Secretaries (uk) Limited EQUITABLE NOMINEES LIMITEDCompany Secretary 2002-12-12 CURRENT 1928-07-09 Liquidation
J.p. Morgan Secretaries (uk) Limited ALDERMANBURY INVESTMENTS LIMITEDCompany Secretary 2002-12-12 CURRENT 2000-02-29 Active
J.p. Morgan Secretaries (uk) Limited SOUTH EAST ASIA UK (TYPE A) NOMINEES LIMITEDCompany Secretary 2002-12-12 CURRENT 1998-03-23 Active
J.p. Morgan Secretaries (uk) Limited CHASE NOMINEES LIMITEDCompany Secretary 2002-12-12 CURRENT 1930-05-21 Active
J.p. Morgan Secretaries (uk) Limited CHASE (GA GROUP) NOMINEES LIMITEDCompany Secretary 2002-12-12 CURRENT 1997-11-07 Active
J.p. Morgan Secretaries (uk) Limited JPMC NOMINEES LIMITEDCompany Secretary 2002-12-12 CURRENT 1998-03-23 Active
J.p. Morgan Secretaries (uk) Limited BRITISH COAL STAFF SUPERANNUATION SCHEME (CHASE GIS) NOMINEES LIMITEDCompany Secretary 2002-12-12 CURRENT 1998-08-20 Active
J.p. Morgan Secretaries (uk) Limited J.P. MORGAN EU HOLDINGS LIMITEDCompany Secretary 2002-12-12 CURRENT 2000-05-04 Liquidation
J.p. Morgan Secretaries (uk) Limited J.P. MORGAN CHASE (UK) HOLDINGS LIMITEDCompany Secretary 2002-12-12 CURRENT 1975-05-19 Liquidation
J.p. Morgan Secretaries (uk) Limited J.P. MORGAN TRADING AND FINANCECompany Secretary 2002-07-31 CURRENT 1989-09-26 Dissolved 2015-10-02
J.p. Morgan Secretaries (uk) Limited MORGAN GUARANTY TRUST COMPANY LIMITEDCompany Secretary 2002-07-31 CURRENT 1974-03-13 Liquidation
J.p. Morgan Secretaries (uk) Limited GUARANTY NOMINEES LIMITEDCompany Secretary 2002-07-31 CURRENT 1927-09-28 Active
J.p. Morgan Secretaries (uk) Limited MGTB NOMINEES LIMITEDCompany Secretary 2002-07-31 CURRENT 1988-04-20 Active
J.p. Morgan Secretaries (uk) Limited J.P. MORGAN TRUSTEE LTD.Company Secretary 2002-07-31 CURRENT 1993-05-20 Active
J.p. Morgan Secretaries (uk) Limited J.P. MORGAN CHASE FINANCE LIMITEDCompany Secretary 2002-07-22 CURRENT 2001-07-09 Liquidation
J.p. Morgan Secretaries (uk) Limited MORGAN PROPERTY DEVELOPMENT COMPANY LIMITEDCompany Secretary 2002-01-31 CURRENT 1986-12-05 Liquidation
J.p. Morgan Secretaries (uk) Limited J.P. MORGAN EUROPE LIMITEDCompany Secretary 2002-01-17 CURRENT 1968-09-18 Active
J.p. Morgan Secretaries (uk) Limited J.P. MORGAN SECURITIES PLCCompany Secretary 2001-11-16 CURRENT 1992-04-30 Active
J.p. Morgan Secretaries (uk) Limited J.P. MORGAN TRUSTEE AND DEPOSITARY COMPANY LIMITEDCompany Secretary 2001-11-02 CURRENT 1986-05-07 Liquidation
J.p. Morgan Secretaries (uk) Limited J.P. MORGAN PRIVATE FUND MANAGEMENT LIMITEDCompany Secretary 2001-09-25 CURRENT 1970-10-15 Liquidation
J.p. Morgan Secretaries (uk) Limited ROBERT FLEMING HOLDINGS LIMITEDCompany Secretary 2001-06-15 CURRENT 1974-02-27 Dissolved 2016-04-07
J.p. Morgan Secretaries (uk) Limited JPMORGAN EDUCATION LIMITEDCompany Secretary 2001-03-09 CURRENT 1997-02-10 Dissolved 2015-05-20
J.p. Morgan Secretaries (uk) Limited COPTHALL OVERSEAS LIMITEDCompany Secretary 2000-11-27 CURRENT 1987-07-02 Dissolved 2016-04-04
J.p. Morgan Secretaries (uk) Limited PERTH INVESTMENTS LIMITEDCompany Secretary 2000-08-07 CURRENT 1973-11-01 Dissolved 2017-12-28
J.p. Morgan Secretaries (uk) Limited CROSSFRIARS NOMINEES LIMITEDCompany Secretary 1998-09-01 CURRENT 1987-09-17 Dissolved 2014-10-07
J.p. Morgan Secretaries (uk) Limited CROSSFRIARS NOMINEES (NUMBER 3) LIMITEDCompany Secretary 1998-09-01 CURRENT 1996-03-29 Dissolved 2014-10-07
J.p. Morgan Secretaries (uk) Limited ROBERT FLEMING NOMINEES LIMITEDCompany Secretary 1998-09-01 CURRENT 1936-01-10 Active

Related Directorships for Mark Steven Allen

Officer Related Company Role Date Appointed Role StatusIncorporation dateCompany Status
Mark Steven Allen JPMORGAN CAZENOVE HOLDINGSDirector 2017-10-01 CURRENT 2001-02-01 Liquidation
Mark Steven Allen INTERMEDIARY SERVICING LIMITEDDirector 2017-10-01 CURRENT 2001-03-28 Liquidation
Mark Steven Allen CROSBY STERLING (HOLDINGS) LIMITEDDirector 2017-10-01 CURRENT 1993-06-10 Liquidation
Mark Steven Allen MORGAN GUARANTY EXECUTOR AND TRUSTEE COMPANY LIMITEDDirector 2017-10-01 CURRENT 1925-12-31 Liquidation
Mark Steven Allen J.P. MORGAN CHASE FINANCE LIMITEDDirector 2017-10-01 CURRENT 2001-07-09 Liquidation
Mark Steven Allen BEAR PACKAGERS LIMITEDDirector 2017-10-01 CURRENT 2005-01-14 Liquidation
Mark Steven Allen BEAR UK MORTGAGES LIMITEDDirector 2017-10-01 CURRENT 2004-08-19 Liquidation
Mark Steven Allen MORGAN GUARANTY TRUST COMPANY LIMITEDDirector 2017-09-01 CURRENT 1974-03-13 Liquidation
Mark Steven Allen J.P. MORGAN PARTNERS EUROPE LIMITEDDirector 2017-09-01 CURRENT 1983-08-23 Liquidation
Mark Steven Allen JPMORGAN CAZENOVE SERVICE COMPANYDirector 2017-09-01 CURRENT 1962-01-31 Liquidation
Mark Steven Allen PRINCIPAL REAL ESTATE FUNDING CORPORATION LIMITEDDirector 2017-09-01 CURRENT 2002-02-22 Liquidation
Mark Steven Allen J.P. MORGAN (SC) LIMITEDDirector 2017-09-01 CURRENT 1919-08-26 Liquidation
Mark Steven Allen BEAR STEARNS INTERNATIONAL TRADING LIMITEDDirector 2017-08-01 CURRENT 1992-03-19 Liquidation
Mark Steven Allen MGTB NOMINEES LIMITEDDirector 2017-08-01 CURRENT 1988-04-20 Active
Mark Steven Allen J.P. MORGAN CAPITAL FINANCING LIMITEDDirector 2017-08-01 CURRENT 1988-08-26 Active
Mark Steven Allen CPV CAPITAL UK LIMITEDDirector 2017-08-01 CURRENT 1989-01-11 Liquidation
Mark Steven Allen J.P. MORGAN TRUSTEE LTD.Director 2017-08-01 CURRENT 1993-05-20 Active
Mark Steven Allen BEAR STEARNS GLOBAL SECURITISATION LIMITEDDirector 2017-08-01 CURRENT 1995-10-27 Liquidation
Mark Steven Allen BEAR STEARNS UK HOLDINGS LIMITEDDirector 2017-08-01 CURRENT 2000-08-16 Liquidation
Mark Steven Allen J.P. MORGAN CAZENOVE LIMITEDDirector 2017-08-01 CURRENT 2001-02-02 Liquidation
Mark Steven Allen JPM NOMINEES LIMITEDDirector 2017-08-01 CURRENT 1986-03-05 Active
Mark Steven Allen J.P. MORGAN CHASE INTERNATIONAL FINANCING LIMITEDDirector 2017-08-01 CURRENT 2000-09-12 Liquidation
Mark Steven Allen ROOFTOP FUNDING LIMITEDDirector 2016-12-31 CURRENT 2003-04-04 Active
Mark Steven Allen ROOFTOP HOLDINGS LIMITEDDirector 2016-12-31 CURRENT 2004-08-19 Active

Related Directorships for James Anthony Paul Chatters

Officer Related Company Role Date Appointed Role StatusIncorporation dateCompany Status
James Anthony Paul Chatters JPMORGAN CAZENOVE HOLDINGSDirector 2017-10-01 CURRENT 2001-02-01 Liquidation
James Anthony Paul Chatters CROSBY STERLING (HOLDINGS) LIMITEDDirector 2017-10-01 CURRENT 1993-06-10 Liquidation
James Anthony Paul Chatters MORGAN GUARANTY EXECUTOR AND TRUSTEE COMPANY LIMITEDDirector 2017-10-01 CURRENT 1925-12-31 Liquidation
James Anthony Paul Chatters J.P. MORGAN CHASE FINANCE LIMITEDDirector 2017-10-01 CURRENT 2001-07-09 Liquidation
James Anthony Paul Chatters MORGAN GUARANTY TRUST COMPANY LIMITEDDirector 2017-09-01 CURRENT 1974-03-13 Liquidation
James Anthony Paul Chatters J.P. MORGAN PARTNERS EUROPE LIMITEDDirector 2017-09-01 CURRENT 1983-08-23 Liquidation
James Anthony Paul Chatters JPMORGAN CAZENOVE SERVICE COMPANYDirector 2017-09-01 CURRENT 1962-01-31 Liquidation
James Anthony Paul Chatters J.P. MORGAN EU HOLDINGS LIMITEDDirector 2017-09-01 CURRENT 2000-05-04 Liquidation
James Anthony Paul Chatters J.P. MORGAN (SC) LIMITEDDirector 2017-09-01 CURRENT 1919-08-26 Liquidation
James Anthony Paul Chatters BEAR STEARNS INTERNATIONAL TRADING LIMITEDDirector 2017-08-01 CURRENT 1992-03-19 Liquidation
James Anthony Paul Chatters MGTB NOMINEES LIMITEDDirector 2017-08-01 CURRENT 1988-04-20 Active
James Anthony Paul Chatters CPV CAPITAL UK LIMITEDDirector 2017-08-01 CURRENT 1989-01-11 Liquidation
James Anthony Paul Chatters J.P. MORGAN TRUSTEE LTD.Director 2017-08-01 CURRENT 1993-05-20 Active
James Anthony Paul Chatters BEAR STEARNS GLOBAL SECURITISATION LIMITEDDirector 2017-08-01 CURRENT 1995-10-27 Liquidation
James Anthony Paul Chatters BEAR STEARNS UK HOLDINGS LIMITEDDirector 2017-08-01 CURRENT 2000-08-16 Liquidation
James Anthony Paul Chatters J.P. MORGAN CAZENOVE LIMITEDDirector 2017-08-01 CURRENT 2001-02-02 Liquidation
James Anthony Paul Chatters JPM NOMINEES LIMITEDDirector 2017-08-01 CURRENT 1986-03-05 Active
James Anthony Paul Chatters J.P. MORGAN CHASE INTERNATIONAL FINANCING LIMITEDDirector 2017-08-01 CURRENT 2000-09-12 Liquidation

Related Directorships for John Richard Hobson

Officer Related Company Role Date Appointed Role StatusIncorporation dateCompany Status
John Richard Hobson JPMORGAN CAZENOVE HOLDINGSDirector 2017-10-01 CURRENT 2001-02-01 Liquidation
John Richard Hobson CHASE SECURITIES INTERNATIONAL LIMITEDDirector 2017-10-01 CURRENT 1990-08-24 Liquidation
John Richard Hobson CROSBY STERLING (HOLDINGS) LIMITEDDirector 2017-10-01 CURRENT 1993-06-10 Liquidation
John Richard Hobson CHEMICAL NOMINEES LIMITEDDirector 2017-10-01 CURRENT 1969-07-01 Liquidation
John Richard Hobson J.P. MORGAN CHASE FINANCE LIMITEDDirector 2017-10-01 CURRENT 2001-07-09 Liquidation
John Richard Hobson MORGAN GUARANTY TRUST COMPANY LIMITEDDirector 2017-09-01 CURRENT 1974-03-13 Liquidation
John Richard Hobson J.P. MORGAN PARTNERS EUROPE LIMITEDDirector 2017-09-01 CURRENT 1983-08-23 Liquidation
John Richard Hobson JPMORGAN CAZENOVE SERVICE COMPANYDirector 2017-09-01 CURRENT 1962-01-31 Liquidation
John Richard Hobson J.P. MORGAN EU HOLDINGS LIMITEDDirector 2017-09-01 CURRENT 2000-05-04 Liquidation
John Richard Hobson J.P. MORGAN PRIME NOMINEES LTD.Director 2017-09-01 CURRENT 2002-01-03 Active
John Richard Hobson PRINCIPAL REAL ESTATE FUNDING CORPORATION LIMITEDDirector 2017-09-01 CURRENT 2002-02-22 Liquidation
John Richard Hobson J.P. MORGAN (SC) LIMITEDDirector 2017-09-01 CURRENT 1919-08-26 Liquidation
John Richard Hobson BEAR STEARNS INTERNATIONAL TRADING LIMITEDDirector 2017-08-01 CURRENT 1992-03-19 Liquidation
John Richard Hobson MGTB NOMINEES LIMITEDDirector 2017-08-01 CURRENT 1988-04-20 Active
John Richard Hobson J.P. MORGAN CAPITAL FINANCING LIMITEDDirector 2017-08-01 CURRENT 1988-08-26 Active
John Richard Hobson J.P. MORGAN TRUSTEE LTD.Director 2017-08-01 CURRENT 1993-05-20 Active
John Richard Hobson BEAR STEARNS GLOBAL SECURITISATION LIMITEDDirector 2017-08-01 CURRENT 1995-10-27 Liquidation
John Richard Hobson JPM NOMINEES LIMITEDDirector 2017-08-01 CURRENT 1986-03-05 Active
John Richard Hobson J.P. MORGAN FINANCIAL INVESTMENTS LIMITEDDirector 2017-06-22 CURRENT 1979-05-16 Active
John Richard Hobson J.P. MORGAN CHASE INTERNATIONAL FINANCING LIMITEDDirector 2015-11-24 CURRENT 2000-09-12 Liquidation
John Richard Hobson ROOFTOP HOLDINGS LIMITEDDirector 2015-08-28 CURRENT 2004-08-19 Active
John Richard Hobson J.P. MORGAN CHASE INTERNATIONAL HOLDINGSDirector 2015-07-14 CURRENT 1972-04-11 Liquidation
John Richard Hobson J.P. MORGAN CHASE (UK) HOLDINGS LIMITEDDirector 2015-07-14 CURRENT 1975-05-19 Liquidation
John Richard Hobson CPV CAPITAL UK LIMITEDDirector 2015-06-17 CURRENT 1989-01-11 Liquidation
John Richard Hobson BEAR STEARNS UK HOLDINGS LIMITEDDirector 2015-06-17 CURRENT 2000-08-16 Liquidation
John Richard Hobson MORGAN GUARANTY EXECUTOR AND TRUSTEE COMPANY LIMITEDDirector 2015-06-17 CURRENT 1925-12-31 Liquidation
John Richard Hobson J.P. MORGAN CAZENOVE LIMITEDDirector 2015-01-23 CURRENT 2001-02-02 Liquidation
John Richard Hobson GREENWOOD NOMINEES LIMITEDDirector 2014-06-25 CURRENT 1986-03-05 Active
John Richard Hobson INTERMEDIARY SERVICING LIMITEDDirector 2014-02-04 CURRENT 2001-03-28 Liquidation