I knew this was coming from a tip last week. In a nutshell TopCo has sold all of its assets to World Sexy Manufacturing Investment LLC. Which was it’s parent Company.
The company will continue to do business as TopCo with Scott Tucker and all of TopCos staff in place.
Now is it just me or does anyone else see a problem with this? JimmyD? Bueller? Anyone?
One Response
The Art of Bankruptcy and other creative ways to avoid paying what is owed to others is a time honored tradition in the porn biz. Back in the day, not so far back in fact, it was a little different. Back then, those who were owed (or at least one or a few of them) would simply drive up in a big semi, park it outside the warehouse of the company using some legal maneuvering to avoid paying, and empty it of its wares. No calls to the police or lawsuits resulted after the truck liberated the products and drove off.