Hangover Joe's Holding Corp. (fka HJOE)

[elbiatcho1]

would everything need to be returned to the court property division for liquidation?

I was thinking that a while ago, and found it much more plausible when all jerky images and references on Amazon were pulled off. Court order all Hangover Joe assets?

All those ppl with their fake reviews and the one HJOkEr trolling real customers, what a waste of time! LOL


And the change to "Happy Jacks", I don't believe switching to a different LLC avoids lawsuits considering its still under Matthew Veal's name?

(yeah it doesn't, still get busted)
https://www.avvo.com/legal-answers/close-business-or-change-business-name-before-laws-2213824.html

http://www.dummies.com/business/start-a-business/10-things-to-avoid-doing-with-an-llc/

Fraudulent conveyance of assets

If you just got sued and want to protect your assets, I’m sorry to say that it’s too late. If you were to transfer your assets into an LLC, you would be fraudulently conveying them. According to the law, you are fraudulently conveying assets when you do one of two things:

Sell or transfer the assets at less than fair-market value, which results in a creditor being defrauded

Transfer the assets so a creditor can’t seize them to recoup his claim

Fraudulent conveyance is a civil offense and can cost you a lot more money in the long run than if you were to just hand over your possessions. If you formed an LLC with the intent to defraud a creditor (as opposed to forming an LLC not knowing that your assets were immediately at risk), you’re even worse off. Not only will the creditor still be able to get your assets, in some states, you may be subject to penalties and even imprisonment. Futhermore, federal laws say knowingly committing fraudulent conveyance can be a criminal offense.

You can even unknowingly fraudulently convey assets. This can happen when you’re setting up your asset protection strategy and transferring your assets into an LLC or two, and little to your knowledge, a lawsuit is already pending against you. Even though you don’t know about the pending lawsuit, the assets still have been fraudulently conveyed. You probably won’t get criminal charges in this instance, but you still may be required to turn over the assets that you thought were protected.