Legal Question in Bankruptcy in Illinois
Bankruptcy
If a company fails to pay produce-related invoice, can a vendor go after the principal's other companies?
Asked on 7/13/09, 2:15 pm
1 Answer from Attorneys
Adam S. Tracy
Securities Compliance Group Ltd
Re: Bankruptcy
Thank you for your question. The answer to your question is "Maybe". You would be able to go after the other companies if there is a substantial relationship between them. That is, they must be, for all practical purposes, one and the same company. What is the relationship?? Feel free to email me directly: [email protected]
Answered on 7/21/09, 7:23 pm
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