This corporation is a small restaurant in Canada. If there are debts need to be paid to the other companies and to the government, what is the liability of the major share holders and people who...
If a company is already in bankruptcy, but wants to engage my services or buy my product, what should I be aware of? Is that just a completely dumb idea? What can I do to protect myself?
I have a friend who is contemplating shutting his start-up down. Because he has more liabilities on the books than assets he would have to file for some form of bankruptcy (I think). My question is...