even if the loan/bond is secured on the equivalent value in assets
Which likely already have loans / other obligations liens against them that have more seniority.
So he has to sell
Which, arguably, he can't do without paying back loans, or that he doesn't actually own the assets in the first place - he just has his name above the door.
Which likely already have loans / other obligations liens against them that have more seniority.
Which, arguably, he can't do without paying back loans, or that he doesn't actually own the assets in the first place - he just has his name above the door.