I guess I don’t understand how any legal entity can just file and be granted a bankruptcy based on a potential financial liability exposure ahead. I would hope the courts can prevent this abuse of our bankruptcy processes and protections. Is any potential defamation liability trumped by a preventive claim of bankruptcy??
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I guess I don’t understand how any legal entity can just file and be granted a bankruptcy based on a potential financial liability exposure ahead. I would hope the courts can prevent this abuse of our bankruptcy processes and protections. Is any potential defamation liability trumped by a preventive claim of bankruptcy??