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Monday, December 20, 2021 4:47:32 PM
Sometime around 2010 or so ECMH took a corp. entity it controlled into bankruptcy thus eliminating that entity as a legal corp.
If that corp. continued to do business and brought harm via it's illegal activity as a non existant corp to another corp or individual what would the liability for those perpetuating that crime?
My question.
If any corp was dissolved in bankruptcy and sub corps formed under the bk'd corp continued to act, make decisions, write checks, enforce regulations etc. would they be in violation of federal law? Even if they (sub corps) were the ones who wrote those laws? This question assumes the sub corps ignore that their shaeholder, the bk'd corp.no longer exists as a legal entity in the jurisdiction they act within.
Whould those sub corps have to have been addressed in the control corps bk as an asset?
Any takers?
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