• DragonTypeWyvern@midwest.social
    link
    fedilink
    arrow-up
    10
    ·
    edit-2
    6 months ago

    Liquidation meaning sell all the office furniture, or make him an employee of his own business that got sold to the highest bidder with his wages garnished?

    • realbadat@programming.dev
      link
      fedilink
      arrow-up
      16
      ·
      5 months ago

      Closing down the business entirely, selling off all it’s assets, with claimants and creditors getting first dibs on cash.

      • Passerby6497@lemmy.world
        link
        fedilink
        English
        arrow-up
        5
        ·
        5 months ago

        with claimants and creditors getting first dibs on cash.

        And with any luck, Jones’ parents wont get a cent of it before the lawsuit is paid out.