The word <u><em>'its'</em></u> is commonly known as a possesive pronoun in grammar. It is also a determiner. It shows relation to something that has already been mentioned in the sentence.
In this case, all of the assets are in possession of the company, who will released them to the creditors.
Britain gave out the proclamation of 1763 which banned colonists from going west to the Appalachian mountains and into the Indian territory because Britain did not want to start another costly war
