RE: Asset ownershipToday 11:10
ODR - If it was that simple they would offer the asset to the highest bidder. Ask yourself why there's two FRUS companies? As far as we know from snippets on this BBC, Deloitte's don't have any money from FRC to pursue FRUS (Georgia) through the Georgian court system. Plus that route could take considerable time. Whereas, if SN can convince those owed money, that they can get paid in the future, the debts might get restructured. Ask yourself, if you were one of those owed money and the liquidation would give you nothing or you could accept a possibility of something in the near future, which would you choose? IMHO if the former is chosen the director's of those companies could be breaking their fiduciary duties.