View Single Post
  #10  
Old 11-17-2008, 05:38 PM
ELA ELA is offline
Randwyck
 
Join Date: Oct 2006
Location: NY/NJ
Posts: 1,293
Default

From a legal perspective, the court appointed receiver can push a great deal, however, I don't know how many "fingers they can actually get on the levers of control" so to speak. For minority shareholders it's tough. They could have "forced" the interest to be sold, but we saw how far that went.

Eric
Reply With Quote