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Plastic2Oil, Inc. PTOI
Posted On: 08/09/2016 12:46:44 PM
Post# of 43066
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Posted By: hammchuck
Re: Golfgod #32949
We've been through this before.
Your understanding of US Corporate bankruptcy is dead wrong.

Companies assets don't automatically go into a 363 sale.

You are skipping quite a few steps and potential outcomes depending on what type of bankruptcy is filed, types of creditors, who files , etc.


This is basic stuff.













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