Legal Question in Business Law in Texas
Two businesses are owned by two persons. One of the businesses is not doing well. Can the one doing well legally support the one not doing well by paying its outstanding bills
Asked on 8/14/14, 1:27 pm
1 Answer from Attorneys
Steven Frankoff
Law Offices of Steven Frankoff
I would really need more details, nature of ownership. Relationship of the corporate entities, and the nature of the business. It may under some circumstances possible
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Answered on 8/14/14, 3:38 pm
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