That’s on paper. It’s extremely unlikely that they set an LLC with millions of dollars in assets. The reason they set up the LLC was that if they got sued they could settle for any amount, knowing that they would just declare bankruptcy and pay nothing except their legal fees (which, having settled immediately, are very low)
I mean they also got 2.4 mil and they can continue collecting them from new projects
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Why do you say this?
I’m guessing the project was run as an LLC and the LLC will just go bankrupt.
That’s on paper. It’s extremely unlikely that they set an LLC with millions of dollars in assets. The reason they set up the LLC was that if they got sued they could settle for any amount, knowing that they would just declare bankruptcy and pay nothing except their legal fees (which, having settled immediately, are very low)