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by dylan604
1108 days ago
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You sell of the formulas for scotch tape, and maybe the factories that make it as long as it is sequestered from the PFAS type stuff. You sell of the audio tape/VHS factories (haha). You sell off the patents/copyrights for all of that stuff as well. Those are the salable parts. |
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My point is that the whole thing is sellable. Propbably with a new stock offering for the whole company as a single entity.
If there is a huge judgement larger than the market cap, the most likely oputcome would be chapter 11 bankruptcy wiping out the investors, and the company moving forward as a single entity with a new ticker and new investors
This is the best of all worlds because it maximises the money recovered for damages and debtors.