They didn't even lose any money, because by closing the store the damages were never paid.
replyIt's really depressing to see to be honest.
I believe they would need to dissolve the business entity. These default judgments against them should count as debt that needs to be paid before the business is closed unless they declare bankruptcy in court and not like Michael Scott.
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replySo they chose to lose a case on merits related to the other case instead of making statements that would help (if they are in the right)?
replyThat’s one possibility, yes.
replyQuantum physics guarantees us anything is a possibility. The question is, is it a likely one at all? And the overwhelmingly likely reasons are obvious to anyone with half a brain, given all the surrounding context here.
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