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Posted: Fri Aug 12, 2011 12:48 pm
by welshman2805
During Voting at creditor meeting, if creditors do not vote how are they counted in the balance towards the required 75% by value requirement?
Posted: Fri Aug 12, 2011 12:53 pm
by kallis3
Hi,
If they don't vote they are not counted towards the 75% LTV vote for the requirement.
Posted: Fri Aug 12, 2011 12:56 pm
by welshman2805
Thanks, much appreciated, its i I thought.
kallis3 wrote:
Hi,
If they don't vote they are not counted towards the 75% LTV vote for the requirement.
Posted: Fri Aug 12, 2011 10:31 pm
by Vinnie
I was actually told by GT yesterday that a body that does not vote is better than a fail vote or a negative no vote what ever you want to call it, not sure if it is different at the start rather than the variation at the end.