Friday, March 31, 2017 5:34:53 AM
http://www.reuters.com/article/idUSL5N1H80LP
Now I would love to know whether it is possible for CBR parent to stay out of BK while the German subsidies file for BK.
Since the parents to enjoy revenue from the subsidies and are on the common balance sheet, I would assume that the parent must pay for all liabilities first. This implies that the subsidies can only file for BK if CBR parent does.
Please help elucidating this issue, thank you.
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