I think the point was that SA saw no reason in trying to reorganize with increased labor costs due to the $15hr law on the horizon in an increasing number of states. Best to just liquidate and say the hell with it
“Best to just liquidate and say the hell with it “
They didn’t get a choice. No one wanted to back their lousy business practices. The due diligence came back that they knew nothing about properly running a business. About damned time financial organizations stopped backing incompetent people in business.