Can you be more specific and give us the details of when this happened, the name of the company, who loaned them the money, etc.
You do realize that when Bain Capital bought companies, they put a certain sum down and borrowed the rest, usually a lot more than the downpayment. If the company borrowed money, it must have come from a bank or someone who loaned the money to the company based on doing due dilligence about the company. The loaner was taking a risk. Why would they do that if the company was going belly up? If the company went bankrupt, then what happened to Bain's investment, i.e., the downpayment and the loan to purchase the company? Wasn't Bain on the hook since it owned the company?
If this is so easy to do, why isn't everyone doing it? I assume it is all legal. And wouldn't Bain make more money if it could make the company profitable and grow the business and then sell it?
Sorry, there is no room for logic on this thread.