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Re: mide post# 46484

Saturday, 10/14/2006 6:11:06 PM

Saturday, October 14, 2006 6:11:06 PM

Post# of 157299
mide

"One of the worst things Huff did as a manager was set up each sub as a seperate corporation, which we are now only learning, and are all being dissolved or reassigned...not clear yet.

Why he did this is beyond me...why?"

A simple answer............ to compartmentalize liability. It's done quite frequently. In my other life, I often experienced the frustration of attempting to collect funds from a corporation only to discover the liability was incurred under the auspices of another.

Then again it could have been for another reason. :)
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