PPRuNe Forums - View Single Post - SIA buys $700 million oz this week
View Single Post
Old 30th Sep 2001, 18:01
  #12 (permalink)  
Virgil
 
Join Date: Apr 1999
Location: Australia
Posts: 11
Likes: 0
Received 0 Likes on 0 Posts
Post

The Administrator can create two companies. They put all the assets in the 'good' company and all the debts in the 'bad' company. They then liquidate the 'bad' company and sell the good one.

Learning that stuff is why some of us do MBAs!
Virgil is offline