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The debtholders entered a voluntary contract. They knew the risks. No one forces them to invest into Remington.
by kss238 9y ago
The 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.