Guest b52er Posted May 14, 2003 Share Posted May 14, 2003 AC has, over the last year or so, in its effort to generate cash, has been liquidating assests at a torrid pace, to satisfy, what It has been quoted as saying, is neccessary to curb the cash crunch. At this point in time, I not sure what AC has left in their inventory base that could actually be liquidated if the creditors force a liquidation of the company. Could this have been a strategy to ward off hungary creditors from forcing a liquidation, which, is still an option? Any comments. Link to comment Share on other sites More sharing options...
Seeker Posted May 14, 2003 Share Posted May 14, 2003 "Never attribute to malice that which can be adequately explained by stupidity." Hanlon's Razor Link to comment Share on other sites More sharing options...
Guest tritanic Posted May 14, 2003 Share Posted May 14, 2003 DIP financing took care of the rest of the assets. That was common knowledge after CCAA filing. Link to comment Share on other sites More sharing options...
Guest BillyBigToe Posted May 14, 2003 Share Posted May 14, 2003 Now that is a good one. Link to comment Share on other sites More sharing options...
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