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re: Avenatti Hit With More Unpaid Debt. Owes Dillanos Coffee CEO $110,000 for unpaid bills

Posted on 11/2/18 at 11:54 am to
Posted by AggieHank86
Texas
Member since Sep 2013
42941 posts
Posted on 11/2/18 at 11:54 am to
quote:

How many women have you raped this week?
None. How many sheep have you fricked?


Now that we have gotten that childishness behind us, does anyone know HOW this shareholder is alleged to be personally responsible for this debt?
This post was edited on 11/2/18 at 11:56 am
Posted by TigersSEC2010
Warren, Michigan
Member since Jan 2010
37372 posts
Posted on 11/2/18 at 11:58 am to
quote:

With that much debt, he could run for governor of Georgia


I did not know about this. Thank you for pointing it out.
Posted by BBONDS25
Member since Mar 2008
48516 posts
Posted on 11/2/18 at 12:43 pm to
quote:

You are an attorney. Do you not find it odd to see someone claiming that a shareholder is liable on an obvious corporate debt?


I also own several businesses. It is not uncommon for a personal guarantee to be required by suppliers. I don’t work with suppliers that require a personal harsher, but it isn’t uncommon in the business world.

Additionally, the entitle Avenatti owns is an LLC...while an LLC is specifically non-corporate, there are cases in nearly every jurisdiction where acts of a Member that are deemed fraudulent can have the same effect as piercing the corporate veil. If avenatti intentionally misled the supplier he could be personally liable.

Again...you wan to argue semantics, because you think orange man is bad.
And defending Avenatti or even arguing semantics of who is on the hook for the bad debt he took on is very strange.
This post was edited on 11/2/18 at 12:45 pm
Posted by AggieHank86
Texas
Member since Sep 2013
42941 posts
Posted on 11/2/18 at 12:51 pm to
quote:

I also own several businesses. It is not uncommon for a personal guarantee to be required by suppliers. I don’t work with suppliers that require a personal harsher, but it isn’t uncommon in the business world.
For Christ’s sake, I obviously know this. Why else would I ask whether he gave a GUARANTY?

I operate my practice as a PC. I am not individually liable on debts for which I do NOT provide a guaranty.

Yes, I dislike Trump. I also dislike dishonest and half-assed reporting. I do not know whether this article has (1) affirmatively dishonest or (2) merely a half-assed excuse for reporting.

Do you honestly contend that a decent reporter would not have addressed these questions? Do you honestly contend that there is not a DISTINCT possibility that this article was written in this manner because the “source” is friendly to Trump?

For God’s sake, this Forum is absolutely infected with delusions of “false flags” against Trump, but you are willing to discount a rather obvious instance of biased reporting?
This post was edited on 11/2/18 at 12:55 pm
Posted by BBONDS25
Member since Mar 2008
48516 posts
Posted on 11/2/18 at 12:52 pm to
quote:

does anyone know HOW this shareholder is alleged to be personally responsible for this debt?


Hero hank. The entity was an LLC. LLCs have Members, not shareholders. Your question is invalid. I mean if you want to argue semantics...let’s argue all of them.
Posted by BBONDS25
Member since Mar 2008
48516 posts
Posted on 11/2/18 at 12:54 pm to
quote:

you honestly contend that a decent reporter would not have addressed these questions?


Avenatti is a credit risk. Not sure why the distinction of personal debt or entity debt is a big deal to you. It still shows Avenatti Has come creditor issues. Your complaint is petty.
This post was edited on 11/2/18 at 12:56 pm
Posted by narddogg81
Vancouver
Member since Jan 2012
19711 posts
Posted on 11/2/18 at 12:57 pm to
quote:

The article says that Avenatti owes money to a supplier for a corporation in which he is a shareholder. Shareholders are not normally liable for corporate debts, so I am asking whether he gave a personal guarantee.

Where does the article say it's a publicly traded corporation, or even an LLC?

quote:

Avenatti’s ownership and management of Tully’s Coffee
Posted by AggieHank86
Texas
Member since Sep 2013
42941 posts
Posted on 11/2/18 at 12:58 pm to
quote:

It still shows Avenatti is a scumbag.
See, I will not argue this point. He certainly seems to be a shady character.

Why does it matter? Because the creditor MAY be seeking recovery from someone who MAY not owe the debt, because he is a celebrity who can be leveraged. That bothers me, even if the celebrity is scummy, because the creditor KNEW he was dealing with a business entity and not an individual.

But what bothered me most was simply the bad reporting and THEN an inaccurate summary of that reporting by the OP ... something THIS poster does with great regularity.
This post was edited on 11/2/18 at 1:08 pm
Posted by AggieHank86
Texas
Member since Sep 2013
42941 posts
Posted on 11/2/18 at 1:05 pm to
quote:

Where does the article say it's a publicly traded corporation, or even an LLC?
You are correct. This article does not address that point. It is relatively-common knowledge from prior reporting over the past months and years, except the “publicly-traded” language. I never said that.
This post was edited on 11/2/18 at 1:06 pm
Posted by Wheaux
San Diego
Member since Jul 2018
1748 posts
Posted on 11/2/18 at 1:08 pm to
quote:

Or is it just POSSIBLE that a publication friendly to Trump wrote an article slanted against a Trump opponent?
Ah, there it is. All those words just to finally come out and say what you really wanted to say.

Next time, don't beat around the bush, just jump straight to the point.
Posted by Godfather1
What WAS St George, Louisiana
Member since Oct 2006
79785 posts
Posted on 11/2/18 at 1:12 pm to
quote:

Ah, there it is. All those words just to finally come out and say what you really wanted to say.

Next time, don't beat around the bush, just jump straight to the point.


Most of Hank’s posts that aren’t lecturing the rest of us can be distilled down to that one simple phrase: OrangeManBad.
This post was edited on 11/2/18 at 1:14 pm
Posted by AggieHank86
Texas
Member since Sep 2013
42941 posts
Posted on 11/2/18 at 1:15 pm to
quote:

All those words just to finally come out and say what you really wanted to say.

Next time, don't beat around the bush, just jump straight to the point.
I said it twenty posts ago, genius.

None of which changes my simple original question about a guaranty.
Posted by AggieHank86
Texas
Member since Sep 2013
42941 posts
Posted on 11/2/18 at 1:17 pm to
About 1/4 of my posting is critical of Trump. I have never pretended otherwise.

I openly admit that I despise the man, several times per week.


On this forum, crappy and dishonest reporting which HELPS or favors Trump is not only tolerated, but actively repeated and accepted as absolute truth. That SHOULD bother everyone.
This post was edited on 11/2/18 at 1:25 pm
Posted by Jeff Boomhauer
Arlen, TX
Member since Jun 2016
3552 posts
Posted on 11/2/18 at 1:38 pm to
quote:

NPCs: Bald Lawyer Bad


Seriously, why can't lefties meme? However, I have to give credit where it's due, y'all own sky screaming 100%
Posted by scrooster
Resident Ethicist
Member since Jul 2012
37693 posts
Posted on 11/2/18 at 1:51 pm to
quote:

The article says that Avenatti owes money to a supplier for a corporation in which he is a shareholder. Shareholders are not normally liable for corporate debts, so I am asking whether he gave a personal guarantee.

It's been fairly well reported that he gave a personal guarantee when he bought out Tulley's. All you need do is Google, or DuckDuckGo, for pertinent facts pertaining to all of this.
Posted by AggieHank86
Texas
Member since Sep 2013
42941 posts
Posted on 11/2/18 at 1:58 pm to
quote:

All you need do is Google, or DuckDuckGo, for pertinent facts pertaining to all of this.
I have run several dozen different searches and found only a reference to a personal guaranty of back salary owed to a former law partner.

Nothing about personal guaranties of any debt related to Tully OR Global Barristas.
Posted by CleverUserName
Member since Oct 2016
12669 posts
Posted on 11/2/18 at 1:58 pm to
quote:

As I understand this business entity, Avenatti owned the bulk of the shares in the “parent” company, and the parent company purchased all the beans for sale/delivery to individual stores. I do not understand him to have been the equivalent of the guy who owns a single Chik-Fil-A. He was more like Truman Cathy (on a much smaller scale, obviously). But you are reading too much into my post. Based upon my understanding, it does not seem likely that he is liable as the primary debtor. quote: Can you think of a scenario where avenatti would owe money to the supplier? Yes. The most likely is a personal guaranty. So, I ask again “Did he execute a guaranty?”. I have searched and cannot find anything about this dispute other than Daily Caller “reporting.” Or is it just POSSIBLE that a publication friendly to Trump wrote an article slanted against a Trump opponent?


I’m absolutely loving this long drawn out discussion of personal vs corporate liability to defend an already proven deadbeat ambulance chaser.

But a woman comes forth with a claim..only she don’t know when it happened.. where it happened.. who all was there when it happened.. and how she left.. has already been caught in a lie (afraid to fly) and levies it against a Supreme Court candidate.. she is completely credible.

The mental gymnastics are absolutely incredible.
This post was edited on 11/2/18 at 1:59 pm
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