[Brown Deer]

A company or organization can’t evade state liability by switching legal domicile.

but they can, by filing bankruptcy and starting over.

[Ponce de Leon County]

A company or non-profit does just get to declare bankruptcy and walk away from liabilities. A trustee will be appointed by court to recover assets and to supervise management. If fraud was perpetrated a court will remove management altogether. Corporate bankruptcy is not a blank check.