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by madballster 1189 days ago
If there is residual value here (as some claim), why can't the owner sell the business? No buyer willing to assume lawsuit risk?
1 comments

Buyers wont be paying much, if any premium right now unless there is a significant asset that is very valuable to multiple businesses (very much a buyers market).

Its likely that shutting down before the next big bill hits (end of month?) then liquidating is most profitable route since it appears that it is operating at a loss. Im sure there is residual value here, but probably less as a whole.

If there is lawsuit risk, buyers may prefer dissolution of the company and just aquiring its assets instead.