Seems like everyone has been numbed into silence. You've just added 10% to the posts for today and others are about footie. we are all norwegian blued. Thank goodness I will be on my travels again. Not going to look in, don't want to spoil my hols. Can't get any worse I hope.
Food for thought.. "What Happens to a Subsidiary Company if the Parent Company Becomes Insolvent?" "A company's insolvency does not necessarily harm its subsidiary"
"A subsidiary is a legal entity that issues its own stock and is a separate and distinct operating business that is owned by a parent company. The stock of the subsidiary is an asset on the balance sheet of the parent company. The subsidiary has its own bank accounts, operating capital and ownership of assets, except for the stock issued to the parent company. The purpose of a subsidiary/parent business structure is to limit the liability and legal exposure one company has if either company fails"
If you subscribe you can read the court documents - you seem to get a free period and then pay per document. I'm waiting till something interesting is posted to use the option! But you can follow the basic progress and when it gets to court a basic summary of what happened.
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