“Dividends or payments with respect to their stock ownership, that is vulnerable to what is known in bankruptcy as a fraudulent conveyance or distribution. Fraudulent conveyance is a payment or distribution made while the company was insolvent or rendered insolvent. When you make those payments in that time frame, then creditors have a right to recover them.”
“J.C. Flowers' credibility and ability to move very quickly give him a head start on almost any other institution. Most people can't move that fast. It's being sold under extreme circumstances at a possible bargain price.”
