myronc I think you're right. Forcing a company into administration may be somewhat unpredictable as to the outcome and would take many months,perhaps years to sort out. The aadmnistrators would look to get the highest value from the remains of the company and it might not go to whoever pushed it over the edge. It's in everybodys interests for the copmany to survive as a going ccern if it possibly can, including note holders.
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