Question
John and Amy form a partnership which is later incorporated. The corporation enters into a limited partnership with SEWEE, Inc., a provider of swine supplies
John and Amy form a partnership which is later incorporated. The corporation enters into a limited partnership with SEWEE, Inc., a provider of swine supplies to local farmers. SEWEE, Inc. goes "belly-up" -out of business- and its creditors sue SEWEE and her owners/investors. What, if any, recourse is available to John and Amy? In essence, what would happen to the assets of their corporation?
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Smith and Roberson Business Law
Authors: Richard A. Mann, Barry S. Roberts
15th Edition
1285141903, 1285141903, 9781285141909, 978-0538473637
