Bankruptcy & Liquidation

Bankruptcy & Liquidation

Expertise in Bankruptcy and Liquidation Auctions

Specializing in bankruptcy and liquidation auctions since 1902, Maynards provides a range of strategic services to help companies identify and monetize the value of underperforming or surplus business assets. Maynards manages business liquidation projects from seven permanent offices in Canada, the United States, Europe, Japan, and China.

Online Business Liquidations & Bankruptcy Auctions

Maynards is very active in the asset conversion and monetization of industrial equipment and commercial inventories through bankruptcy sales, auctions, and structured liquidation programs. Industry sectors of particular expertise include automotive, metalworking, plastics, DVD/CD replication and production, machine tool, woodworking, sawmill, pulp and paper, and retail/commercial inventories. With an established global presence and familiarity with the international marketplace, we provide project management and sales services wherever the assets are located. Using market-leading technologies, we also provide live online bidding and simulcast bankruptcy auctions online to allow buyers around the world to participate and purchase assets for sale.

Projects are structured through a variety of sale models, including purchase, commission, Net Minimum Guarantee (NMG), and private sale. Maynards regularly handles all aspects of business liquidation transactions, including consignment, transportation logistics, sale management, asset tracking, financial reporting, payment, and final reconciliation. We return maximum value to our clients by combining traditional sales methods with innovative integrated marketing strategies, increasing the ease of purchase through tools such as online bankruptcy auctions.

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