The suffering is the point.
The suffering is the point.
Took me a minute to track it down. It was her bachelorette party.
It happens regularly. The most notable ‘tidy’ example I can think of would be when the Governments of US and Canada ‘bailed out’ General Motors. They did exactly what I’m talking about; they created a new legal entity called NGMCO Inc. which purchased almost all the Assets of the ‘old’ GM, including trademarks, names, websites, etc.
The key here is that the selling company was bankrupt. In such a case, the creditors want to try to get money back out of their ‘investment’ so the asset sale is done to cover debts. Selling liabilities generally doesn’t raise money for those creditors, so often after the money is all sucked out, whatever remaining liabilities exist are functionally void. Legally they remain until the corporation is dissolved, but with no ability to act on the liabilities (ie., no money to pay) this doesn’t functionally matter.
The ‘old’ GM changed it’s name to ‘Motors Liquidation Company’ and retained the liabilities. Shareholders of the ‘old’ GM were left holding the bag, so to speak. Technically, it was further split into trusts to ‘handle’ liabilities, but realistically ‘old’ GM sputtered out holding liabilities while ‘new’ GM carried on with minimal penalty.
You can have less ‘tidy’ cases as well, where substantial parts of a company are sold in an asset sale/purchase but leave behind a working company. In those cases the liabilities are not functionally abandoned. Disney purchasing FOX, for example.
Further reading:
https://www.investopedia.com/terms/a/asset-sales.asp
https://en.wikipedia.org/wiki/General_Motors_Chapter_11_reorganization
https://en.m.wikipedia.org/wiki/Acquisition_of_21st_Century_Fox_by_Disney
Quickly! Grab my strong arm!
This is the exact reason GM still exists.
If the new owners purchased the assets, name, and technology and not the company itself, then it’s beholden on the remains of the old company to honour the deal… Good luck with that.
Hold up - they participated in the protest? Or they showed up and required a tour of the facility, which is their right as federal lawmakers?
What I saw indicated only the latter? Did they actually participate in the protest?
747-8…
not American made
No…that’s not the problem.
That is so far beyond predatory…the only reason to let this exist is to create wage slavery.
Nice try, Guardian social media team. I’m still not giving you my dollarbucks.
I mean, the details on the gun mount make sense if it’s remotely operated. Usually AI ‘fuzzes’ the details and I see what looks like an ir window and some other things I’d expect to see on a remote controlled turret. 🤷Not sure though.
No it’s not. Look at the court level in which it was shown.
I really like my Henson Shaving razor. Had it a year, haven’t gone through more than about a 3rd of the blades. Unfortunately for USA’ians, Trump’s tariff package just made them more expensive for residents of the US of A.
Harper made Canada a laughing stock internationally
Made? Continues to make us a laughing stock. He runs the global conservative effort to get right wing governments into power.
https://en.m.wikipedia.org/wiki/International_Democracy_Union
It reads like something out of a conspiracy theorists’ idea of what a new global order would start as.
If you want to make an omelette, you might have to fuck a chicken.
Wait…
I agree, it’s not the middle ages anymore. I think that once you die they should release you from prison; sentence durations shouldn’t exceed life.
Yes, quite right - but until such time as this takes place, Polivere shouldn’t be paid with taxpayer funds. Maybe there’s a provision in some rule that allows party funds to be used? {/Speculation}
That’s a great question and the answer is: he shouldn’t be drawing on tax funds. He cannot hold the position of leader of the opposition unless he has a seat, and I can’t find any provision for unelected party members in here.
You weren’t alone in being confused by that. My initial thought is that she’d tied bones to the back of his trousers like the cans behind a ‘just married’ car