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TenKay

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TenKay

Re: HymanMinsky post# 61848

Monday, 02/18/2019 4:58:04 PM

Monday, February 18, 2019 4:58:04 PM

Post# of 153977
CCAA does not allow equity interests to take a priority claim to debt claims.

The CCAA now contains provisions to make it clear that the claims of persons relating to an equity interest ranks subordinate to debt claims


https://www.lexology.com/library/detail.aspx?g=7df8207c-7736-4267-9198-08f3768c2068

"Harsh reality is always better than false hope"

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