There are certain considerations that should be kept in mind when filing against a company in liquidation. When a Recovering party files a case with at least two Adverse parties and one of companies is in liquidation, the case will proceed to hearing. The Recovering party can contact the Member Service Center to remove the company in liquidation before the case is ready to hear. If the party is not removed, arbitrators can rule liability against a party in liquidation, but the award will not be collectible.
If there is only one Adverse party and that company is in liquidation, the case will receive an administrative extension.