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You have no idea whether the business is bankrupt. It’s very possible that the business is not generally paying their bills as they come due. You also have no i
by singleshot_ 3y ago
You have no idea whether the business is bankrupt. It’s very possible that the business is not generally paying their bills as they come due. You also have no idea whether the business will file for bankruptcy protection in the next few years, in which case transfers they make today might be fraudulent or preferential. You also don’t know whether any of these transfers were made to “insiders,” which could drastically change the timeline in the previous sentence.
I get it, your intuition is that businesses should generally pay their bills. I feel that way too. There are circumstances where that could be a really bad idea.