• @KevonLooney@lemm.ee
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    529 months ago

    True. This is literally the corporate death penalty. His corporate assets may have to be sold to pay the debts. They will not get much, as the brand name will have to be changed. It’s the worst thing that could happen to a business owner.

    He will not be poor, but may end up with his name on worse buildings. Houston TX vs. Manhattan. And you know he doesn’t want to leave NYC.