As of January 2023, Better Luxury Globe Cabins Inc. (BLGCI), a company incorporated in 2020 in Nova Scotia, is having financial problems and is close to insolvent. BLGCIs sole shareholder, director and officer is Raymond Nave, a young entrepreneur with a university degree in tourism management. BLGCI has authorized share capital of 100 Class A voting Common Shares and 10 of these shares are issued to Raymond. In 2022 Raymond hired contractors to construct luxury cabins on leased land which can be rented to tourist and local residents wanted a break from the hectic Kink County, Nova Scotia lifestyle. The biggest financial challenge facing BLGCI is that three recent globe cabins, constructed in late 2022 by a school friend of Raymonds and local carpenter, Tony Crackeddrywall, are literally falling apart because of poor materials and installation. Raymond will not sue Tony or have BLGCI sue Tony because of their close friendship. However, Raymond needs cash for BLGCI, so on July 8, 2023, he approaches another high school friend of his, Karen Bright, and advises Karen that my luxury cabin business is now and will be the way of the future for sustainable and profitable businesses, and that she will be a wealthy person someday if you buy shares in my company. Karen buys 12 Class A voting Common Shares for $200,000 on July 15, 2023. Raymond remains the sole director and officer of BLGCI. On August 15, 2023, Raymond approaches Karen and asked for another $100,000 in order to repair the newly constructed globe cabins and says to Karen our company may go bankrupt if these cabins are not ready for customers in the spring. Karen is shocked and is unaware of the construction issues caused by Tony. She immediately demands that BLGCI sue Tony for damages. Karen also goes to an accountant who advises her that all shares in BLGCI are probably worthless, and she should seek legal advice. Karen comes to you, the best corporate litigation lawyer in Kink County, and wants to know her options and what she should or can do in these circumstances