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Corporate Reconstructions PDF
Corporate Reconstructions PDF
Chapter Fifteen
1 Liquidation
It is unlikely that there will be sufficient cash left to pay the equity s/h.
Also if there is not sufficient cash to pay all the ‘Other Creditors’ the
cash available must be pro rated across all of them.
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2 Reconstruction
3 Discussion
Be ready to discuss each of the above in detail. You must consider the
return to both the creditors and equity holders.
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Class Illustration – Corporate Reconstruction
Dricom Inc
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