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Friday, March 04, 2022 9:31:10 AM
I searched the DGCL and got 12 hits on “wind…up” but no hits on “…down”.
Don’t know therefore if “wind down” would be the same or not. Maybe some state codes use it.
One thought. Obama might have meant it to be more consistent with reorganization, versus liquidation, and to tie in to the NWS press release that said the Enterprises would “not be allowed to return to the market **in their current form**”. Whatever that means.
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