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Post# of 87948
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Leirum

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Leirum

Re: EarnestDD post# 78397

Friday, 10/24/2014 11:48:26 AM

Friday, October 24, 2014 11:48:26 AM

Post# of 87948
If you say so, then you have to re-write the chapter 11 law of the USA.

http://www.uscourts.gov/FederalCourts/Bankruptcy/BankruptcyBasics/Chapter11.aspx

Chapter 11 is only here to protect the Company from the creditors.
If a Company has assets, the better but if there are no assets, who cares as Chapter 11 is commonly referred to as business reorganization.
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