Catherine Dellin is president of the Camp 5 Museum Foundation in Laona, Wis. The foundation operates the Laona & Northern Railroad, the Lumberjack Steam Train, which runs to the Wisconsin Forestry Museum and attractions on the site of an old logging camp and lumber company farm.
Fisker bankruptcy bidding heats up quickly (Update) January 8, 2014. Hybrid Technology, led by Hong Kong billionaire Richard Li, has offered $55 million in an auction of Fisker Automotive's assets, just days after a bankruptcy judge in Delaware rejected Hybrid's plan to take over the failed ...
It means it no longer exists as a company. Usually companies are dissolved when they go broke. Someone called a liquidator sells off all their assets, takes his fee and distributes whats left between the people owed money. A company can also be dissolved by voluntary winding up. They pay all their debts in full.