BNB babcock & brown limited

there is still a lot of debate going on between the various...

  1. 4,510 Posts.
    there is still a lot of debate going on between the various parties as to whether the administration of the company will allow the satellites out of their mgmt agreements.

    I would not be surprised to see the satellites argue that this is the case and refuse to pay BNB if the bondholders try to put BBIPL into liquidation.

    I am hearing that the banks do not have the numbers to make this happen and that the instos are going to vote it down.
 
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