trouble ,
Sometimes I organize ideas while posting .
"Subsidiaries are formed because of liabilities. You don't own any QTN equity but, thank God, you also own none of QTN's liabilities."
So , QTN could file BK , lose the debt , and come out the otherside clean , with TMM shareholders still in play with a New Wholley Owned QTN .
Would/could a QTN BK CANCEL all of those %'s of ownership you mentioned ?
Either way you spin this , I don't see the big demise you predict . Actually , you've helped support a decent survival theory .
The optimist in me sees some very interesting scenarios .
Thanx , I DO have to go for now .
