Shouldn’t Moyer a corporation be required to file bankruptcy? Where is the state auditor ?

d. Business Operations – overview of school budget and operations

i. All payment processing held up by DOE 1. No vendor payments have been made since early January

a. Discussion ensued regarding processing of outstanding vendor items, Moyer directed to continue processing on our end

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One response to “Shouldn’t Moyer a corporation be required to file bankruptcy? Where is the state auditor ?

  1. Publius e decere

    So you are now an expert on Delaware Corporation Law? I’m not sure that employees are recognized as creditors under the law. Ask a lawyer. A real one, not KO or JY or (gulp) NW. Yea, let’s get DSEA involved, that’s the ticket. (“not”)

    I believe that vendors and employees are “unsecured creditors” and there is no realistic chance of changing the law to change that. When THE STATE shut down the school and truncated the corporation’s prospects for future income — that decision cast the Rubicon Diie (a dicey decision). Blame Jenny and her compliant boss(es). The school is popular among its attendees, so the Closers hold all responsibility for the consequence of their ideological decision.

    Publius

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