Crystallex International

Welcome to the Crystallex HUB on AGORACOM "Crystallex International Corporation is a Canadian-based gold producer with operations and exploration properties in Venezuela."

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Re: ANSWER ME THIS

over 13 years ago

in response to EZ Street's message

IF Bankrupt...

A Cart before the Horse question... But,...

Would think the arbitration would be auctioned off like any other asset.

Then cash would be distributed by Absolute Priority - that is Senior Creditors are paid first, Bond Holders come next, then Preferred Shareholders, and finally the Common Shareholders being paid last.