07-22-2015, 07:41 PM
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Confirmed User
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Join Date: Feb 2010
Location: California
Posts: 3,068
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Quote:
Originally Posted by dyna mo
no, your point it to cast it in a negative light, again i get it. but specifically, no entity was forced to accept less in any trump bankruptcy i've read about, in fact, the restructured deals returned more. for instance, debt holders received stock in place of debt, increase in value = 2/3rd
there is plenty available online re: any of the trump run businesses restructured deals, you might want to familiarize yourself with any of that.
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Again, there is the issue of volunatariness...or lack there of. It is immaterial that the stocks they were forced to accept as payment increased in value after bankruptcy so that the creditors ultimately ended up with more. The issue is that bankruptcy forced those creditors to accept as payment something other than what was in the original contract. That is entirely different than the common voluntary debt restructure deals that you previously cited.
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