the guy who interviewed Simon. I agree with him, would a soon to be bk company pay back debts?
Someone said that once a company realizes it's hopefully insolvent, they're obligated to stop everything and declare, and executives can be held liable for continuing to borrow, lend, liquidate, etc. So IF that's true, Celsius continuing to do business is encouraging, since it means they believe they can pull through (and believe that they can potentially prove that in court.). Idk if that's actually true though
Yes isn´t this why many companies that are owed money from the bk company have to get in line to get something? So I still side with the question of why would a potentially bk comapny care about paying down debt?
Someone hopefully being a corporate lawyer lol.. but yh I like it
What they gave me a loan recently.
Nice ! How recently ?
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