GREY:BLKWF - Post by User
Comment by
jts115on Jan 21, 2015 12:43pm
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RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:News release
RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:News releaseIt means the lender gets to appoint a temporary, licensed receiver, until the company finishes filing for bankruptcy after which the state appoints a new receiver. I don't have a law degree, you can look most of this stuff up. As for whether it is good or bad, it just means that we are definitely going the way of bankruptcy (most likely under the BIA).
I think it's good news