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Old 11th Sep 2008, 22:58
  #388 (permalink)  
Bridge Builder
 
Join Date: May 2007
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Has The Times jumped the gun?

I’ve just read that Eimskip - the holding company (is it the holding company?) - has loads of cash. If that’s the case, is it possible for a subsidiary - XL Leisure (parent of XL Airways) - to actually go bankrupt - if the holding company has enough money? Surely it can’t if the holding company has enough working capital?
Last edited by Bridge Builder; 12th Sep 2008 at 00:05.
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