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badmoon_ryzzin

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badmoon_ryzzin

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Wednesday, 10/31/2007 4:09:15 PM

Wednesday, October 31, 2007 4:09:15 PM

Post# of 191
this is the equivalent to chapter 11...only plus to this is that they can sell all or parts of the company without creditors breathing down their necks...but, if they fail a sale, creditors will come and get everything and the shareholders will receive nothing...like Stelco and Air Canada.
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