Global beer brand faces bankruptcy liquidation
Yahoo Finance·2026-02-17 16:21
When you run out of money, you run out of options, and creditors, banks, and the courts get to make decisions that may not be what you hoped would happen. In most cases, when a company gets liquidated or files bankruptcy, its shareholders are in line behind secured creditors. That means they usually get nothing from any asset sales. "When an entity seeks protection under the US Bankruptcy Code, existing shareholders face the prospect of a complete loss of their investment," according to LegalClarity.org ...