I need help with these

Andrew, Brian, and Caitlin were the directors and sole shareholders of a corporation. After several years of hard work and considerable success, all three decided to take a vacation together and leave their office manager in charge. They flew to the Cayman Islands for three weeks of relaxation. While they were away, the manager instructed the company lawyer to sue a doctor who was long overdue in payment of his account. Several days after the court action was started, it was learned that all three shareholders had been killed in a car accident. The doctor has suggested defending the action claiming that the corporation ceased to exist when all the shareholders were killed. What is the main issue? Explain how the corporation could respond to this contention. Richard is the majority shareholder, director, and CEO of RC Inc. RC Inc. has undertaken a series of takeovers to rapidly expand the business. Unfortunately, the expansion included incurring a lot of debt that the corporation is having difficulty paying. Richard has decided to seek creditor protection while he reorganizes the corporation and sells some assets in order to be able to continue to function. Richard himself is very wealthy, owning three houses, four cars and one jet. A few creditors want to seize his personal assets to satisfy their debts instead of taking the $0.25 on the dollar that the reorganization is offering. Can the creditors seize the houses, cars, or the jet