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To: onedoug

You know, many years ago in another life I was a receiving clerk. My manager told me to get rid of a several kegs of wing nuts and other fasteners that the company would never use. He said to keep it to myself because liquidation of assets was not legal. How is this legal and could’t the corporation be sued by the shareholders and win?


47 posted on 04/15/2018 1:10:06 PM PDT by higgmeister ( In the Shadow of The Big Chicken)
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To: onedoug

I should also say right around that time the company was bought out by a division of ALCO Standard. So, I suspect I was actually illegally liquidating assets to make a leaner buyout.


59 posted on 04/15/2018 1:20:49 PM PDT by higgmeister ( In the Shadow of The Big Chicken)
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