How does that affect prior bad deeds and liabilities? Record and communication preservation? and if not done are the penalties just wrist slapping?
You might look at the Johnson and Johnson baby powder lawsuit(s).
I believe they created a new company responsible for the Baby Powder. So when the lawsuits hit, that new company went bankrupt.
I am being very general here, but I know I read about it and heard it on an alternative site.
I think they have myriad ways of surviving.
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How does that affect prior bad deeds and liabilities? Record and communication preservation? and if not done are the penalties just wrist slapping?
You might look at the Johnson and Johnson baby powder lawsuit(s).
I believe they created a new company responsible for the Baby Powder. So when the lawsuits hit, that new company went bankrupt.
I am being very general here, but I know I read about it and heard it on an alternative site.
I think they have myriad ways of surviving.