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Arch_Investor

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Arch_Investor

Re: None

Monday, 04/01/2019 8:56:00 PM

Monday, April 01, 2019 8:56:00 PM

Post# of 146259
A multimillion dollar company has sold for only 4.34 million dollars. It has been bankrupted ...yet a 3rd party is still able to create a stay of proceeding while charging over 1 million in fees..... to a bankrupt company. That story is very...curious...

Why would a court allow a stay of proceedings?
What is in the sealed documents that many fail to mention?
Where are the transaction(s)? Plural*
Why is a stay required for a company who has been liquidated and is bankrupt?
Isn't a stay issued to protect a company?
If there is no more company why is there a stay?
One must wonder....

But last time I checked a CCAA "stay" does not protect an empty American shell
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