A Creditor's chance of collecting from a defunct DEBTOR corporation lies somewhere between "slim and none", unless a Creditor can impute the debt to Third Parties, including DEBTOR officers, directors, shareholders, spouses, family members (collectively called Insiders) and/or successor businesses. Such debt imputation can be based on either their receipt of fraudulently transferred DEBTOR assets, [...]The post PURSUING CORPORATE INSIDERS AND BUSINESS SUCCESSORS ON CORPORATE DEBT appeared first on SJ Gutter Law.
