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Well, it's worse than that. No significant company would shut down in this manner unless they were 100% certain that they did NOT have the money to pay their debts.


I don't think that's true. Financial regulations tend to force you to pull the plug as soon as you can no longer prove that you are solvent. There's a large range between "cannot prove we do" and "can prove we do not".


... or a court ordered them to do this.




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