And liquidation limited to the investment (w/o collateral) meaning shared liability.
Source date (UTC): 2020-04-24 21:31:27 UTC
Original post: https://twitter.com/i/web/status/1253798735991181312
Reply addressees: @judicialist @ComicDaveSmith
Replying to: https://twitter.com/i/web/status/1253798386421071877
IN REPLY TO:
Unknown author
@judicialist @ComicDaveSmith That’s a nice bit of pilpul but changing the words doesn’t change the transaction. They would be very, very, very careful who they lent to. They would create shareholder agreements. The funding party would be bought out by the other party, and in the case of failure, liquidation.
Original post: https://x.com/i/web/status/1253798386421071877
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