Tag: Cornhill Capital
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Syphoning profits from distressed assets? The red flags with Shoreline Mall keep counting
Digging deeper into the financing structure of Shoreline Mall, the red flags keep mounting as the combined nature of the accounts gives the impression of a textbook government-backed real-estate grift built on layered financing structures. Shoreline Mall plc’s bonds are distressed, with no guarantee that bond payments will be made, while the company appears dependent…

