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trader59

12/06/21 10:04 PM

#11875 RE: the_hoard #11874

No, they won't update any of that even though the assets are all being sold (including the assets of the subsidiaries). If the bankruptcy is done properly, they'll dissolve the corporation with the state it is incorporated in after they've liquidated everything of value, collected up all the monies owed they can, and distributed the proceeds to whichever creditors actually get a payment. Some trustees have been failing at that.