Innovation Pharmaceuticals Inc (IPIX)

[loanranger]

There was an item in today's news relating to the repercussions of a civil judgment against a party who can't pay it:
"With the civil fraud verdict, which ____ has vowed to appeal, the amount to be posted or bonded is set by the court. It is typically about 120 to 125 percent of the judgment amount, to account for additional post-judgment interest that accrues during the appeal."
"____ would likely have to sell something, although it wouldn’t necessarily have to be property. He could sell investments or other assets."
"If ____ truly can’t afford the judgments, he would have to declare bankruptcy."

That's a NY case though. Not sure if it applies in Massachusetts.