Deep Blue Marine (DPBE)

[keda]

Not being a lawyer, I will start off by saying this is my speculative opinion:

The only thing forcing this thing to get shut down will accomplish is giving Wilf the moral high ground to walk away with anything the DR government gives up in a division.

If the contract is in Wilf's name, any division is not an asset of the company, so it would be extremely difficult to finagle a piece of that pie.

Of course, that holds true whether the company exists and is valid or not. But if they are forced into shutting down, then Wilf can claim, "It wasn't my fault. I was forced into it. There's no company to distribute the assetts to, even on a liquidated basis if I wanted to."

If they are not forced to shutdown, receive a division, and Wilf chooses to keep it for himself, there is a chance to sue for it as Wilf has made statements pertaining to the recovered treasure going to the company. If there is no valid company, one could make the legal argument that it was willful neglect in order to walk off with the loot.

But again, if someone else forces everything to be officially shutdown, Wilf likely has no legal obligation to hand over anything from the contract obtained in his own name.