My husband was granted some Restricted Stock Units when he joined his company and some are available to sell. If we sold them could the proceeds be used for a lump sum payment to settle our arrangement?
I know normally share proceeds are treated as a windfall but given that these were gifted by the company might they be viewed differently?
Last edited by bigtrouble on Sun Aug 10, 2014 12:29 pm, edited 1 time in total.
These may have been assets of the IVA in any case and would have dealt with in the original proposal. If you are struggling creditors may agree a closedown but if not I would think they are captured in the IVA. You need to speak with your own IP for clarity.
