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Re: kabunushi post# 138479

Thursday, 10/12/2017 8:08:47 AM

Thursday, October 12, 2017 8:08:47 AM

Post# of 725867
Don't have time to discuss it further, but I do partially agree with you (and partially not). One thing I do agree is that IMO it will most likely not be a delay to make payment in due date to push the co. toward BK, if the co. has reasonable beliefs that it could pay it in the near future. However, we don't know (and if you do, please share) if there are covenants toward those payments, plus most likley a default in the due date would most likely not allow a new financing from third parties using the same property as a collateral.
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