Key being is it legal if they do liquidate MBN, given MMB as...

Key being is it legal if they do liquidate MBN, given MMB as reported can be placed in C&M at least until September, the 11M USD VAT refund would have been more than significant to balance them financially (as stated by a notification to MBN staff by the CFO) and allow them to continue operation (at a decrease capacity), so these creditors who are substantial and majority share holders are now planning to create a new entity in Canada to take control of MMB and restart the mine when nickel price gets to 5.5US/lb (which looks likely), is this a conflict of interest??? and by using their voting power, were they able to buy MBN cheaply with one of the creditor reportedly offer a measly 37.5M USD for the mine???

If it is the worst, good ground for legal action, IMO.