They closed down ACORN and opened up under several different names instead.
I don’t know, but I would guess that they’re just doing it so they write off some of their old debts without bothering to pay them. And so they can cancel out any potential lawsuits looking for damages.
...they’re just doing it so they write off some of their old debts without bothering to pay them. And so they can cancel out any potential lawsuits looking for damages.
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I think you are exactly right.