World Surveillance Group Inc (fka WSGI)

[Squirt]

I'm not a lawyer

but, when I eas a kid, I hung around court houses a lot.

Your talkin' apples and oranges here. Nothing precludes you from investing in any company regardless of the number of judgements outstanding against a company.

The problem arises when/if you make a claim on the assets. You might be at the end of a long line of secured creditors unless you get them to subordinate their positions. It's possible to convince the senior creditors to take less than the full amount if you can convince them it would be to their benefit.

I did a lot of this in another life. :>)