| ▲ | Terr_ 9 hours ago | |
Probably, business-as-usual systems and policies make it harder for anyone to argue the "debtor in possession" [0] violated their fiduciary duty to do their best to ensure creditors get paid. In other words, having a "smash glass in case of insolvency" button might do the job of protecting customers, but a judge could decide it looks too much like a shopkeeper screaming "if I can't have it nobody can" before lighting everything valuable on fire. [0] https://www.uscourts.gov/court-programs/bankruptcy/bankruptc... | ||