> Receivership doesn’t even require
Cooperation of board/executives is not required but it is immensely helpful.
"The easy way" vs "the hard way."
Cooperation of board/executives is not required but it is immensely helpful.
"The easy way" vs "the hard way."
Bank accounts, contacts, loans, real estate, equipment, IP, etc.
For a (once) multi-billion 1500-employee logistics business, it's more involved than you give credit for.
HN is wild :/
If your CEO is looking at records of individual office chairs when unwinding a billion dollar company someone has seriously fucked up. They don’t and shouldn’t know the details by memory.
However, the details are either available so everyone ‘knows’ them as soon as they become relevant, or the executive officers have been committing serious financial crimes.