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Equity "going to 0" is a consequence of a court proceeding called "bankruptcy". It is the courts of law that approve the deletion of equity. So not sure whom ar
by anthony_r 6y ago
Equity "going to 0" is a consequence of a court proceeding called "bankruptcy". It is the courts of law that approve the deletion of equity. So not sure whom are you going to sue.
It will not go to $0. It will simply stop existing. You are free to trade it until then.
- harryh 6y agoLots of companies enter bankruptcy, are restructured, and emerge from the process without equity being destroyed. There is certainly some chance that happens here.
- anthony_r 6y agoOh really, I thought it's super rare (like this filling strongly suggests). What are some examples?
- pbreit 6y agoIt's common for equity to maintain some value coming out of bankruptcy.