"maybe it has if its deemed to be an international company im...

"maybe it has if its deemed to be an international company im sure there would be that many trading days in that time are the banks not also claiming to have bnb as international"
I read an article today about B&B which mentions the complexity of the Babcock & Brown Group.
It's here if interested.
http://www.businessspectator.com.au/bs.nsf/Article/Last-play-for-Babcock-$pd20090206-NZAZG?OpenDocument&src=sph

"The structured finance mentality that underpinned the entire Babcock & Brown business model today came back to haunt the company's long-suffering shareholders.

A debt restructuring deal that defers the payment of $2.12 billion in debt until June 2018 was accompanied by news that the listed holding company could be placed in administration.

Shareholders in Babcock & Brown Ltd had been warned that their equity would be wiped out as a result of the restructure of the company's balance sheet but there was never any indication the corporate undertakers would be called in.

The complex structure of the Babcock & Brown group is typical of an organisation that built its reputation on the back of the skills of corporate lawyers and financing gurus and was created from the amalgamation of a number of limited partnerships in the United States.

The unwieldy creation suited the banks and it ensured that the US staff were not hit with big tax bills under US law"