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Twin Butte Energy Ltd TBTEF

Twin Butte Energy Ltd is an oil and natural gas exploration, development and production company with properties located in Western Canada. The firm's operational assets have been sold to West Lake Energy Corp.


GREY:TBTEF - Post by User

Bullboard Posts
Post by riverrowon Aug 05, 2016 7:51am
251 Views
Post# 25113086

Lawsuit

LawsuitSo let's say 40% of the deb holders vote no and scuttle the deal. No other offers show up, the company goes into receivership and ultimately shareholders and deb holders get nothing. That means a minority of holders have essentially stolen money from the majority that voted yes. Would the yays be able to sue the nays for the funds they were denied by the nay voters? After all, the vote isn't anonymous is it.
Bullboard Posts