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by geofft
2552 days ago
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> if you went the more extreme route of forcing the assets/business into the stewardship of the State for the imprisonment term, the "life" of the corporation would need to continue as normal to meet the obligations the Corporation has toward vendors/shareholders, otherwise, they are out of what is rightfully theirs "without due process". This doesn't apply to imprisonment of humans, right? If I go to prison tomorrow, my employer is deprived of my labor, my skills, and my knowledge without due process and through no fault of their own. Sure, they don't have to pay me, but they're also not going to get back their investment in training me and the institutional knowledge I have of how stuff happens at my company. (I am at-will, as it happens, but I'm pretty sure this is not different if I had a fixed-term contract.) If you make a deal with someone who goes to prison, and they can't execute on that deal, it's your own problem that you made a bad choice of deal partner. Sure, you can sue for breach of contract, but it won't actually get them to do the thing you were hoping they'd do anytime soon. Why is it different when the corporation is the person with whom you made that deal? |
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