Re: He is copying Trump in everything
The intent isn't to wind down the company, it is to insure he doesn't asset strip it by transferring anything that's worth money to another company while leaving behind a debt ridden shell. They want the assets left behind so if he's found liable for the $250 million they're seeking there is money to pay it, and then the court receiver will order asset sales as necessary to pay the fine.
Whatever is left after the fine is paid would be owned by Trump and he'd be free to continue to operate it as a business - just not in the state of New York.
Now whether Trump's empire is actually worth $250 million after all the wild lies and debt are accounted for, who knows. The deeper they dig the more lies they uncover. One of the things Trump has always said is that he bought Mar-A-Lago for cash. He actually bought it for 100% debt, and had an agreement with the bank that they wouldn't file paperwork showing the lien with the government so he could maintain that lie.
There's also a covenant on Mar-A-Lago where he can only operate it as a social club and it cannot be used for any other purpose - he sold the rights for it to be residential property (including any possibility of splitting it up and developing it) to some non profit historical society or something like that. But he never told the banks he had done that, so while he was claiming it was worth $1 billion or more because of the possibility the house/club could be knocked down and the property developed at today's real estate prices that has never been a possibility and thus it is worth a tiny tiny fraction of what he claims.