Quote:
Originally Posted by Weitz
Lots of companies employ these tactics.
There are Junior Oil companies who go bankrupt and all their wells go to the Orphan Fund while they go on with their millions and start another Junior.
Not saying its right, but other do it too. And you can most certainly vote with your wallet by not supporting the new place.
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To be fair, the bankruptcy and insolvency, along with general corporate law, are designed on a public policy ground to also take into account the growth of businesses.
I wouldn't want to start a restaurant or oil company knowing that they could go after me personally if the risk doesn't pay off. Limits the amount of people willing to start a business.