Originally Posted by Guest

in 30 years 60 lawsuits were brought by suppliers/contractors.

That's 2 a year.

He won most of those.

As already said most business sue and get sued, cost and part of the business world.


In all his company Chapter 11's bankruptcy's the creditors were paid with court approval 33 cents on the dollar.

then they claim a taxable loss of the 66%, so a net loss was much less.

It would have been easier for the company to fold and walk away.

Any company that files deserves credit for trying to pay back their creditors and saves jobs.

by the way bankruptcy requires all employees and taxes be paid in full


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