InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,567.19
(
1.06%
)
US TECH 100
19,828.00
(
0.95%
)
Dow Jones
39,375.87
(
0.17%
)
Brent Oil
86.78
(
0.00%
)
Bitcoin
56,959.53
(
-2.31%
)
Post# of 41703
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (2) Keep Next 10 Report Keyboard Shortcuts
Replies (2) Next 10 Prev Next

Netsurfer

Send PM Follow Ignore
Followers 16
Posts 302
Boards Moderated 0
Alias Born 12/10/2014

Netsurfer

Re: empiricalONE post# 28952

Wednesday, 05/13/2015 8:10:40 AM

Wednesday, May 13, 2015 8:10:40 AM

Post# of 41703
Just a couple of random thoughts. If the assets were "hard assets" that the court has authorized GT to dispose of and the company had a valid claim I suppose they could take those assets in lieu of cash. The internal accounting would get a bit convoluted as there would need to be footprints showing a decrease in assets and a corresponding decrease in liabilities. The big question would be if the asset value was close to the claim or was there some "favoritism" being shown.

I do not believe that GT could give them treasury stock while in BK and without court approval. Does this sound right?
Public Reply Private Reply New Post
Keep Last Read
Replies (2) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (2) Next 10 Prev Next

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up