Quote:
Originally Posted by geneven1
It has been said that the company plans to make a slate of some kind. If so, it most have some money. If it still exists, its agreements still exist.
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Depends on what is meant by "the company." In some industries, for legal and financial reasons, it's common to create a new company for each new endeavour. (I was told it's very common in the construction industry to create a new legal entity for each new build, because you don't want mistakes of one project coming back to bite a new project on the butt.)
It could be the exact same people, but if it's a new legal entity, there are no obligations.