Reply to post: Re: Wow just wow.

IT sales star wins $660k lawsuit against Oracle in Qatar – but can't collect because the Oracle he sued suddenly vanished

Clunking Fist

Re: Wow just wow.

A company cannot give away it's assets to associates. I don't know about civil law countries or the US, but in most common law countries, company law was drafted with this old switcheroonie trick in mind. Company directors can be jailed for giving away assts. And it doesn't require the shareholders to enforce anything: creditors have rights, too. Hopefully, Qatar lifted it's corporations law from UK or Canada (or even the US, but I don't know US law).

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