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Exchange platforms also function similar to traditional securities brokers that facilitate the trading of investment products that are not typically held in the beneficial owner’s name. Furthermore, a debtor may use or sell its property either in the ordinary course of business or with court authorization.
There are only a handful of examples, and for many debtors it is not an option. Even a small minority of dissenting holders could have jeopardized the Debtors’ plans: valuation fights and disputes over feasibility, to give just two examples among dozens of possible hurdles, are unlikely to be resolved on such an accelerated timeline.
This may include stock, cash, raw materials, debtors, fixtures and fittings, vehicles or intellectual property. They can cover building fixtures, trade fixtures, motor vehicles and fixed plant and machinery, in addition to the freehold or leasehold of a property. Fixed charges are most commonly granted over property.
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