PPRuNe Forums - View Single Post - Jetcraft in Voluntary Administration
View Single Post
Old 14th Dec 2007, 04:22
  #26 (permalink)  
bizzybody
 
Join Date: Apr 2007
Location: australia
Age: 46
Posts: 367
Likes: 0
Received 0 Likes on 0 Posts
So did oconnors actually get liquidated????? no body wanted to buy it?

It depends on how much they owe and if the creditors will accept a payment arrangement or a % of what they are owed. Hense a DOCA
Wow i would have thougt it would have sold.

I think that Jetcraft will get sold under a DOCA.
bizzybody is offline