this post was submitted on 03 Jun 2024
624 points (99.4% liked)

United States | News & Politics

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[–] DragonTypeWyvern@midwest.social 10 points 4 months ago* (last edited 4 months ago) (1 children)

Liquidation meaning sell all the office furniture, or make him an employee of his own business that got sold to the highest bidder with his wages garnished?

[–] realbadat@programming.dev 16 points 4 months ago (1 children)

Closing down the business entirely, selling off all it's assets, with claimants and creditors getting first dibs on cash.

[–] Passerby6497@lemmy.world 5 points 4 months ago

with claimants and creditors getting first dibs on cash.

And with any luck, Jones' parents wont get a cent of it before the lawsuit is paid out.