Please log in or register. Registered visitors get fewer ads.
Forum index | Previous Thread | Next thread
CVA 20:50 - Jun 9 with 1691 viewsSuperTommo

So having studied the CVA document the way I see it is that Chanrai receives assets worth £47 million at book value for contributing £500,000 to the unsecured creditors. On top of that he has to pay off the Football Creditors (£6.6M). Therefore total put in is £500K + £6.6M + £18.5M (his loan) + Small Creditors (?) in return he gets £47M of assets. I appreciate that the assets aren't probably worth the book value but it still sounds like a good deal.

If anybody else has had a look at this, have I read something wrong here?
0
CVA on 21:05 - Jun 9 with 1683 viewsPissTake_peg

I've already given you my answer

Quem deus vult perdere, dementat prius

0
About Us Contact Us Terms & Conditions Privacy Cookies Advertising
© FansNetwork 2024