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$630M Due Next Week: Is DCG at Default Risk? - Ep. 489
Unchained
The Asymmetric Information Problem in Bankruptcy
Creditors want to breach the veil and go after BCG mothership, but they've already done that. The problem is that you can't get enough payments soon enough to make the creditors whole. I don't believe that Genesis can be made whole on their May payments. Putting BCG through a potential default scenario will create yet another legal proceeding.
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