When the Business License for enterprise's Legal Person is revoked, the enterprise is forbid to do anything but relate to liquidation.

《企业法人营业执照》被吊销后，不得开展与清算无关的经营活动。

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The liquidators have the legal status of the board, unless the purpose of the liquidation leads to a different conclusion.

清算人具有董事会的法律地位，但基于清算的目的发生其他效果的除外。

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How to determine the legal effect of this kind of liquidation report?

对于此类清算报告，其法律效力如何？

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The trustee handling the liquidation of the collapsed US investment bank Lehman Brothers has taken legal action against Citibank.

BBC: Lehman trustee is suing Citibank

For Dewey, one value of the merger-and-bankruptcy plan would be to avoid a liquidation, which is an outcome that would make recovering accounts receivable and yet-unbilled legal time much more difficult, those familiar with the situation said.

WSJ: Storied Law Firm Dewey & LeBoeuf Pitches Plan for Rescue