2 ms·
Debt holders should be suing the private equity people for their losses. Otherwise it is a loophole that is easily abused.
by bhouston 9y ago
Debt holders should be suing the private equity people for their losses. Otherwise it is a loophole that is easily abused.
- kss238 9y agoThe debtholders entered a voluntary contract. They knew the risks. No one forces them to invest into Remington.
- DennisP 9y agoShareholders can sue if the company's management clearly acts against the shareholders' best interest. For example, some shareholders are suing Facebook over the data misuse issue, since it's impacting the stock price: https://techcrunch.com/2018/03/23/facebook-hit-with-shareholder-lawsuits-over-data-misuse-crisis/ https://techcrunch.com/2018/03/23/facebook-hit-with-sharehol...
- kss238 9y agoShareholders aren't debtholders.