7 ms·
A bankruptcy judge is going to have to approve all this. You can't sell all the valuable assets of a company the same day you declare bankruptcy - that could be
by asmithmd1 10y ago
A bankruptcy judge is going to have to approve all this. You can't sell all the valuable assets of a company the same day you declare bankruptcy - that could be considered fraud. If I had just fulfilled a big order of theirs yesterday on net 60 terms we had been operating under for the past 5 years I would be pretty upset.