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Tower Group International, L.Ş. Message Board

swp3 2 posts  |  Last Activity: Feb 26, 2016 11:35 AM Member since: Jan 13, 2010
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  • swp3 Feb 26, 2016 11:35 AM Flag

    Doesn't bankruptcy negate existing contracts unless agreed upon by all parties. E.G I can't file bankruptcy and maintain contracts and agreements I want to AND turn around and ignore ones I don't I am sure any competent management would have looked at this and made arrangements months ago.

  • by swp3 Feb 22, 2016 8:27 AM Flag

    Not selling this company as old investors with $70 warrants would block and send it back to bankruptcy court as pretext company used was old shareholders would be compensated due to value of warrants to buy at $70, Delusions of grandeur for an inept management! Hence not a clean deal so no one will pay anything decent for company.

    Going to go down so don't be a fool like I was and trust this management which enriches themselves at the expense of shareholders