2 ms·
It doesn't really matter for corporations, as a company can be burnt and any debts left will never be paid, and a new company can be created with no debts. Thi
by basicplus2 9y ago
It doesn't really matter for corporations, as a company can be burnt and any debts left will never be paid, and a new company can be created with no debts.
This is what structuring related entities is all about.
The one that owes all the money (particularly the one paying and owing to employees) had nothing of real value in it.