Boards
News
Market Data
Markets
Discover
Discover
AI Subscribe Login/Register account icon
S&P 500
7,209.01
(
1.02%
)
US TECH 100
26,715.60
(
0.96%
)
Dow Jones
49,652.14
(
1.62%
)
Brent Oil
110.56
(
0.19%
)
Bitcoin
77,035.23
(
0.92%
)
News Focus
News Focus
Post# of 153951
Next 10
Public Reply Private Reply New Post
Keep Last Read
Replies (2) Keep Next 10 Report Keyboard Shortcuts
Replies (2) Next 10 Prev Next

TenKay

Send PM Follow Ignore
Followers 405
Posts 52592
Boards Moderated 2
Alias Born 06/20/2011

TenKay

Re: HymanMinsky post# 61390

Friday, 02/15/2019 2:41:55 PM

Friday, February 15, 2019 2:41:55 PM

Post# of 153951
Here is a hint...if a US company is in Chapter 15 proceedings of the US BANKRUPTCY CODE ...they are bankrupt. Lol.

Just because the bankruptcy ALSO involves the foreign assets and entities of the US company doesn’t change that.

If it was ONLY the Canadian subsidiary that was bankrupt and the US parent was not bankrupt there would be NO US PROCEEDING under Chapter 15.

Consider that for a moment.

"Harsh reality is always better than false hope"

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

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today