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malt66

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malt66

Re: Aston Martin post# 3551

Friday, 12/14/2012 10:28:16 AM

Friday, December 14, 2012 10:28:16 AM

Post# of 3578
According to the filing, the bankruptcy petition was rejected due to lack of assets. Don't know Dutch bankruptcy laws, but in general, a bankruptcy is not a bad idea since it gets creditors out of the way to reorganize. A lot of companies use bankruptcy to gain stronger footing. There can be some validity to O Siggy as China is plagued by pollution problems and the new government wants to get off coal dependecy. Will see what happens
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