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Forums » Startup Brings Faster Speeds to Rural Southwest » shareholders
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jc100

join:2002-04-10		reply to S_engineer
Re: shareholders

That's what bankruptcy and an LLC is for. If you file bankruptcy then they can only settle with what you have left. Furthermore, if you are an LLC, they can only sue the company and not you. Presto.
to forum · permalink · · 2008-07-20 13:19:19 · Reply to this


S_engineer

join:2007-05-16
Chicago, IL		reply to jc100
They need to leave 20k around just in case they need to close. Closing a business is very expensive too!
to forum · permalink · · 2008-07-20 12:35:21 · Reply to this
Forums » Startup Brings Faster Speeds to Rural Southwest« Startup/ Southwest  

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