Insolvency Query from INSOL - can anyone be of assistance?
A member of the INSOL Academic Group has encountered a novel question which appears to have no answer and legal authority. Have any blog readers got any thoughts on the following question:
"Would bonds securities that are bought back by the issuing corporation terminate or expire as a result of the buyback, or would they be kept as dormant securities in the corporate treasury and may be resold in the secondary market?"
If you are able to assist with this query please contact David Hahn email@example.com
"This is the ultimate statement of where the law on IVAs is to be found in our great common law...