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Old 10-21-2013, 08:09 AM  
slapass
Too lazy to set a custom title
 
Join Date: Nov 2002
Location: Earth
Posts: 14,622
Quote:
Originally Posted by ladida View Post
Exactly, by that math he would be 50% owner, which he said he was not. So he lied then or now. I believe now.
The firm that loaned the money loaned it to the company, there's no reason for him to feel personal liability based on that.
The loan goes with it but you don't then pay 600 million and assume 300m loan. It nets out to pay 300m assume 300m for total of 600m. Personal corporate or whatever the loan is still a large monetary issue.
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