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Createdmall development company, take the contract, deliver faulty building, accept payment, pay out funds to employees (subcontractors) and owners of the comp
by hkmurakami 9y ago
Createdmall development company, take the contract, deliver faulty building, accept payment, pay out funds to employees (subcontractors) and owners of the company, shut down company if the district comes after them.
It would incentivize his sort of behavior too.
- crowbahr 9y agoAlso known as "Whoopsies I went bankrupt sorry!"
- mywittyname 9y agoEnsure that developers/owners may be held personally liable. There should be lots of ways to do this: bonds, insurance, promissory notes, collateral.
- mabbo 9y agoThis actually happens today, even with all the existing rules.