Replies to post #2740 on Liquid Holdings Group Inc (LIQDQ)

[Refined Sugar Kills]

Different states have different laws and legal precedents. States like Nevada are relatively friendly to custodians buying in and reinvigorating distressed companies, states like Delaware are not.

[Refined Sugar Kills]

This was considered a mega bankrupcy that had 28 million in pre-petition assets, but only 2,545,541.78 was distributed to creditors.

Who knows, maybe this shell will still have some assets, post bankrupcy, and can be reactivated in some capacity.

But like I said, the courts in Delaware aren't keen on granting custodianships.