BJT babcock & brown japan property trust

thanks buffett.i cut my loss on this when i saw BNB going under...

  1. 4,058 Posts.
    thanks buffett.
    i cut my loss on this when i saw BNB going under for that reason.
    but i dont understand the relationship BNB and BJT have with each other?
    it appears that the parent only provides management for BJT as the "responsible entity".
    i am not really sure what ramifications this has for BJT if BNB went under?
    it looks like the only thing that will need replacing is the managers - it has no real implication on the business?
    i have passed like you said until i can figure out this relationship.
    does anyone know?
    Thanks
 
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Currently unlisted public company.

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