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Tagged with liquidation shares
2
questions
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2
answers
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What is the probability of each tier of creditor/equity claims being made whole?
In bankruptcy, the broad "tiers" for debt settlement are:
Secured debt (going in order of first lien to second lien and so on)
Priority unsecured debt
General unsecured debt
Preferred ...
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Are shares I issue when forming my company "paid for" or "unpaid"? (UK Ltd Companies)
"There
is no obligation to pay for shares unless the company is wound up or
goes into liquidation. However, as most shares are issued to raise
capital, it is common to pay for them when they are ...