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In your theoretical framework you can. In real-life bankruptcy court, you almost certainly can't.
by pclmulqdq 2y ago
In your theoretical framework you can. In real-life bankruptcy court, you almost certainly can't.
- vizzier 2y agoHonestly I don't see how this theoretical framework is much different from corporate leveraged buyouts.
- pclmulqdq 2y agoThis isn't a leveraged buyout. Also this structure is not at all like a leveraged buyout.
- johnnyanmac 2y agoSays who? It was clearly going to work like that until more lawyer nitpicking intervened about the auction (not the sale itself).