Post by
Oregonduck on Aug 15, 2024 3:04pm
It doesn’t have to come to this!
On day one, the CEO and the Board should have been proactive and not go AWOL. They could have filed for CCAA bankruptcy protection to give them time and breathing room to deal with the disaster. They might have save the Co and successfully claimed the insurance on its $104 million policy due to engineering negligence not of their own making. It comes down to heap contractor's negligence for the failure of the Co.