How would you phrase this though? Plenty of PE firms have the funds to buy your local veterinary clinic or auto body shop with cash; the leverage comes later, when they direct the business that they own to get a loan. How can you make it illegal for the business to get a loan?

▲

yread 9 hours ago | parent [-]

> How can you make it illegal for the business to get a loan?

That would also be legal. But if you take the assets out of the daughter company you would go to prison for https://web.archive.org/web/20141030194421/http://www.sfo.go...

▲

elevation 9 hours ago | parent [-]

The daughter company would presumable be allowed to purchase goods and services. What prevents those goods and services from being supplied (at a hefty markup) by another company under PE control?

	▲	yread 9 hours ago \| parent [-]
		If it's done for the purpose of defrauding debtors of the daughter company, the law