In addition to strengthening investors' confidence with the local market, the new law will raise the value of the debtors' assets, since they will not be obliged to sell for low prices through an enforced liquidation, the realized value of the last three auctions was at 30 percent of market value in a normal buyer-and-seller market, which would have significantly jeopardized the recovery ratio for all creditors.
This page is about the voters of this citizen quote.
We're doing our best to make sure our content is useful, accurate and safe. If by any chance you spot an inappropriate comment while navigating through our website please use this form to let us know, and we'll take care of it shortly.
Share your thoughts on this citizen quote voters with the community:
Report Comment
We're doing our best to make sure our content is useful, accurate and safe.
If by any chance you spot an inappropriate comment while navigating through our website please use this form to let us know, and we'll take care of it shortly.
Attachment
You need to be logged in to favorite.
Log In