View in: Desktop
Copyright @2024 TigerDroppings.com. All rights reserved.
- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Posted by
Message
re: QPosted by AggieHank86 on 10/22/18 at 10:27 am to MrLSU
As I recall, two corporations in which he is a shareholder owed significant debts, including tax debts.
Shareholders are not normally liable for the debts of a corporation.
The personal guaranty is a different kettle of fish.
Shareholders are not normally liable for the debts of a corporation.
The personal guaranty is a different kettle of fish.
TD SponsorTD Fan
USA
Member since 2001
USA
Member since 2001
Thank you for supporting our sponsors Posted by Site Sponsor to Everyone
Advertisement
re: QPosted by redneck hippie on 10/22/18 at 10:29 am to MrLSU
pretty sure this has been thoroughly hashed out on this board.
re: QPosted by Tiger Prawn on 10/22/18 at 10:30 am to MrLSU
quote:
This guy is headed to a Federal Prison when this is all over and done with.
At least he can call Stormy to get some tips on how to take it in the arse
re: QPosted by HubbaBubba on 10/22/18 at 10:33 am to AggieHank86
quote:He is the majority owner of the corporation, owning 80%. The corporation was his practice.
As I recall, two corporations in which he is a shareholder owed significant debts, including tax debts.
Shareholders are not normally liable for the debts of a corporation.
He has now formed a new corporation, and is not funneling earnings, as he was supposed to do, per court order, through the existing corporation, and satisfy the debts of the corporation.
What he's doing is going to be views by the court as fraud and he's going to go to jail over it, likely losing his license.
But he's running for president so you can wail and cry that the courts are being used for political purposes.
re: QPosted by Sidicous on 10/22/18 at 10:42 am to HubbaBubba
quote:But Orange Man Bad, he bankrupt a couple companies, very unpresidential! Orange Man bad no morals. Orange man bad orangemanbad orangemanbad orangemanbadorangemanbadorangemanbadorangemanbad error error error
He is the majority owner of the corporation, owning 80%. The corporation was his practice.
He has now formed a new corporation, and is not funneling earnings, as he was supposed to do, per court order, through the existing corporation, and satisfy the debts of the corporation.
What he's doing is going to be views by the court as fraud and he's going to go to jail over it, likely losing his license.
But he's running for president so you can wail and cry that the courts are being used for political purposes.
Back to top
Follow TigerDroppings for LSU Football News