Thanks. Notes below.
If they do invoke this then I guess it would be confirmation that Alec is an officer of Industry Studios, unless this attorney also handles the business of Axanar Productions.
I was thinking of fraudulent conveyance, an attempt to escape debt. The lawsuit could reasonably be forseen to create debt, even bankruptcy. The donor money was invested in an asset owned by Axanar Productions = Alec Peters, a potential debtor in both the lawsuits. Knowing this is a possibility, is sheltering the invested value behind a LLC involving potentially the same owner as before, for (hypothetically) a payment perhaps less than the asset is worth, a potentially criminal action? If so, I should think it would be irrelevant in this matter whether C/P might wish to go after the studio as an asset.
I'm pretty sure attorney-client privilege will shield this lawyer.
If they do invoke this then I guess it would be confirmation that Alec is an officer of Industry Studios, unless this attorney also handles the business of Axanar Productions.
I think it's less an issue of illegally hiding money so much as it is just creating opaque companies that obscure who is financially benefitting from the studio. While the studio is relevant to the allegation the defendants' gained a direct financial benefit from Axanar's copyright infringement, it's tangential to the actual infringement. CBS likely has little interest in the studio itself, and it could become a burden if not liquidated for damages.
The judge and/or plaintiffs may not care about the studio as much as, say, a pesky reporter might, and these little limited liability companies shield investors from public scrutiny.
I was thinking of fraudulent conveyance, an attempt to escape debt. The lawsuit could reasonably be forseen to create debt, even bankruptcy. The donor money was invested in an asset owned by Axanar Productions = Alec Peters, a potential debtor in both the lawsuits. Knowing this is a possibility, is sheltering the invested value behind a LLC involving potentially the same owner as before, for (hypothetically) a payment perhaps less than the asset is worth, a potentially criminal action? If so, I should think it would be irrelevant in this matter whether C/P might wish to go after the studio as an asset.
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