https://mikesouth.com/mike-south-commentary/topco-sells-to-parent-company-to-avoid-bankruptcy-6222/ The institute for the advance study of insensitivity and pornography Wed, 05 Jul 2023 15:32:15 +0000 hourly 1 https://wordpress.org/?v=6.7.2 https://mikesouth.com/mike-south-commentary/topco-sells-to-parent-company-to-avoid-bankruptcy-6222/#comment-6134 Thu, 05 Jul 2012 18:47:17 +0000 http://www.mikesouth.com/?p=6222#comment-6134 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.

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