> which is effectively just an illegal way to build a corporation and sell stock. It would appear that the court is taking the position that it's not an illega

> which is effectively just an illegal way to build a corporation and sell stock. It would appear that the court is taking the position that it's not an illegal way to create an corporation, but rather a perfectly legal way to create a general partnership with unlimited liability :D I especially like how they intentionally terminated the LLC that would have protected them.