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0 pointscosmie13y ago0 comments

It means the troll's shell company, whose only asset is the now-useless patent, is shut down. The parent company isn't touched, nor the thousands of other subsidiaries owned by said parent company.

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4 comments · 1 top-level

DannyBee13y ago· 3 in thread

Deliberately underfunding an LLC is not something that is going to be looked upon kindly, particularly if it's purpose is exactly to get around the law.

Any judge worth his salt would either sanction the hell out of the lawyers involved, or let you go after the parents.

jrs23513y ago

As I mentioned in another reply: How could the judicial system incorporate rules to pierce the corporate veil in such situations and therefore expose the shell company creator(s)? Would something like this help? And what are the cons?

damoncali13y ago

That's the rub - what is underfunding? Should you have to plan to lose lawsuits?

DannyBee13y ago

Yes, you should have to plan what your exposure is when you lose lawsuits. Normal businesses already do, and warn about it in SEC filings.

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