Under U.S. bankruptcy rules, the proceeds from the sale of a company's assets are first used to pay liquidating dividend to the shareholders before any other party has a claim on those assets.

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Under U.S. bankruptcy rules, the proceeds from the sale of a company's assets are first used to pay off creditors and other obligations before any payment is made to shareholders. Shareholders are typically the last to receive any remaining funds, if there are any left after all other obligations have been satisfied.

Under US Bankruptcy Rules, the Proceeds from the Sale of a a Company's