Too funny! It is a contract between two parties. It is not "The law." it may be, and likely is, legally binding as to thoseparties who entered into it, but is not legally binding on a third party who had no part in entering into that agreement. Common sense! Common law!
I guess you are not familar enough. Those are merely expressed warranties; otherwise, companies would go find ditch diggers across the country to assume their liabilities for $1,000 since they have no assets or real income. The entity is the same entity with a different name. If GDHI actually had an asset in the U.S.A. I could attach my judgment lien on it. They have no U.S. assets or checking account. Imagine that! The damages that they incurr due to these liabilities would have to be presented to Pierre to make them whole as stated in their expressed warranties. If he does not make them whole then they have an action against him. GDHI management did not do an "asset" deal but instead chose to do a reverse merger and kept the same entity intact.
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