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Old 07-19-2020 | 06:54 PM
  #146  
DarkSideMoon
Gets Weekends Off
 
Joined: Sep 2016
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Originally Posted by ZeroTT
let’s say united wants to kill Air whiskey. They claim a contractual right to cease all flights on 14 days notice and withhold payment based on some breach. It’s tenuous claim but all of a sudden they have zero cash flow. Chapter 7, done.

a contract is only worthwhile if you can fund and survive a lawsuit
Whiskey might not, but the holding company would. The owners of this place would not let their money printer get put down without at least trying a lawsuit.
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