They probably had to sell everything in the bankruptcy (which I imagine is what happened though I haven’t read it yet). Sell all their assets, payback the outstanding creditors pennies on the dollar of what they owe, then restart based on reputation. They probably didn’t keep the unsold or low priced assets.
Agreed. Clear the books, have people who "know" the business restart it.
11-04-2024, 03:10 PM
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