• Mojojojo1993@lemmy.world
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    1 year ago

    But if he declares bankruptcy ? Plus he can just hide his business in shell companies or his kids

    • MrMamiya@feddit.de
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      1 year ago

      Bankruptcy isn’t a get out of debt free card. It’s a “you’re gonna sell this stuff to pay off your creditors” card.

      His sons were involved in the lawsuit and cannot legally do business in New York.

    • Natanael@slrpnk.net
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      1 year ago

      It's effectively no longer his to be declared bankrupt, the NY state will be appointing people to control it. This is the one he can't escape from