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The JV stipulates that if there is an insolvent party (BCL) that...

  1. 2,338 Posts.
    The JV stipulates that if there is an insolvent party (BCL) that the solvent party (BML) can compulsorily acquire the insolvent parties stake. That would be a positive then they would be able to take 100% control? Surely this would be a positive?

    This is my read on it. I would love for someone to clarify, whether this is to confirm or refute my assumption.
 
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