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Bankruptcy
: A Texas Bankruptcy Lawyer's BlogCould Unpaid Cities File an Involuntary Bankruptcy Against Donald J. Trump for President, Inc.?
By Stephen Sather
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President Donald J. Trump knows a little something about bankruptcy. At least four of his casinos and hotels have filed voluntary reorganization petitions, but could his presidential campaign be placed into involuntary bankruptcy over unpaid security bills to cities? This hypothetical provides a great vehicle for discussing the mechanics of how an involuntary petition gets filed and the consequences arising from it.Some BackgroundThe President's campaign is a corporation named Donald J. Trump fo read more
Full post as published by A Texas Bankruptcy Lawyer's Blog on August 03, 2020 (boomark / email).
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