Hi Redeye, yes fully aware the only concern is creditors, but if a DOCA is subject to FIRB approval then there can be no guarantee that approval would be granted. As such I find it hard to believe it could be considered a superior proposal under such circumstances and for a VA to then to enter into additional loans without having FIRB approval would seem ludicrous.
Like what happens if GXY withdraws its DOCA and then the FIRB say no, total stuff up that would be for creditors.
Perhaps as
@Heeman says it's only a article in a newspaper but if correct it would seem strange to me.
