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submitted 3 months ago by Five@slrpnk.net to c/usa@midwest.social
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[-] DragonTypeWyvern@midwest.social 10 points 3 months ago* (last edited 3 months ago)

Liquidation meaning sell all the office furniture, or make him an employee of his own business that got sold to the highest bidder with his wages garnished?

[-] realbadat@programming.dev 16 points 3 months ago

Closing down the business entirely, selling off all it's assets, with claimants and creditors getting first dibs on cash.

[-] Passerby6497@lemmy.world 5 points 3 months ago

with claimants and creditors getting first dibs on cash.

And with any luck, Jones' parents wont get a cent of it before the lawsuit is paid out.

this post was submitted on 03 Jun 2024
624 points (99.4% liked)

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