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Re: loanranger post# 33683

Wednesday, 02/01/2012 9:36:38 PM

Wednesday, February 01, 2012 9:36:38 PM

Post# of 35802
"Is that typically done in commercial cases?"

The judgement is against GRNO which is a Florida corporation. The judgement follows the corporation as do the assets. I would imagine even into Canada if the company had assets there. When Margiotta and Aldo Rotondi bought control of the corporate shell from the Carraway clan they had him sign a document saying he would be liable for any and all past liens or encumbrances. They thought this would suffice. Carraway fooled them because he is penny less and therefore judgement proof. I am sure anything he was given for the sale of his stock immediately went into his son, wife or daughter's name. The man has spent the last ten years of his life hiding the assets he didn't loose in the original GRNO. If he had put that much energy into building a legitimate business he probably would be a millionaire by now.

All my opinion of course.