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If you’re a multinational company with local limited liability entities, “bankruptcy” sounds like a choice. If you’re subsidizing operations across countries wi
by SargeDebian 4y ago
If you’re a multinational company with local limited liability entities, “bankruptcy” sounds like a choice. If you’re subsidizing operations across countries with VC money, it just means you stopped the flow of money. You may even get away with leaving some debt/payables in the entity.
Happy to hear otherwise, I’m not a bankruptcy lawyer.