BNB babcock & brown limited

bookarelli pty.ltd, page-9

  1. 3,130 Posts.
    As far as I know, shareholders usually rank behind note holders in the event of receiving proceeds from the liquidation of a company. So, creditors need to be fully paid before shareholders can be paid.

    I am not 100% sure about the above. Correct me if I am wrong.


 
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