Originally Posted by
Lake1952
By who? And to what end? There is little probability of any remaining equity to be divided among the stakeholders.
Interesting you used the term
stakeholder - in the UK that term seems to have slowly fallen out of favour, or it's true meaning has been conveniently forgotten. For many stakeholders it's not just about the equity..
IMHO in the UK at least there is far too much institutional "forgiveness" displayed towards the CEOs, CFOs, Board members and often the auditors of some failed companies.
https://www.theguardian.com/business...-cook-collapse