GREY:BLKWF - Post by User
Comment by
jts115on Jan 21, 2015 10:55am
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Post# 23343644
RE:RE:RE:RE:RE:RE:RE:RE:RE:News release
RE:RE:RE:RE:RE:RE:RE:RE:RE:News releaseOther point is, if BIA is to take place, shareholders have no need to form a committee/hire a lawyer because hte process is much more simplified/cheap. A state appointed receiver typically performs the liquidation.
In on the other hand, CCAA shareholders definitely should try to get representation so that the company isn't just lost to creditors who have every reason to cheat shareholders out of money.