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CBS/Paramount sues to stop Axanar

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You mean bankruptcy for the company or for AP? Either way, CBS/Paramount would be pushing to become secured creditors. I imagine a pending lawsuit would be taken into consideration in any potential bankruptcy ruling. Those rulings are often pennies on the dollar. Everybody gets into line. Child support and secured creditors pretty much get to the front.
I recall when news of the lawsuit first come out either on the donor's page or fan page on FB, that question was asked how Alec could possibly pay off such a fine and Terry replied, there was always Chapter 11 and 13 to rely on. It seemed as if they already had the plan set, of course the post quickly disappeared.
 
I recall when news of the lawsuit first come out either on the donor's page or fan page on FB, that question was asked how Alec could possibly pay off such a fine and Terry replied, there was always Chapter 11 and 13 to rely on. It seemed as if they already had the plan set, of course the post quickly disappeared.

I'm sure C/P have planned well to counter-act such a maneuver. In any event though, the longer Alec and his cronies keep this up, the worse off they'll be. When C/P burns them (which they will), 'public opinion' as it sits, will be nearly cemented. If they want to salvage any chance at working in the future, best to come clean now.
 
Yes, but what if Alec tried to legally dissolve the company (assuming that's possible under american business law)? What it be possible to do so and avoid half the "charges" or would it have to continue "in business" until the trial was over?

He is still on the hook. And the bankruptcy courts don't like it when you declare in order to skip out on your debts. Bankruptcy is intended to be a means for people to get a fresh start in life and not lose their homes and/or starve. It was never meant as a means of avoiding financial obligations or thumbing one's nose at verdicts and settlements.
 
He is still on the hook. And the bankruptcy courts don't like it when you declare in order to skip out on your debts. Bankruptcy is intended to be a means for people to get a fresh start in life and not lose their homes and/or starve. It was never meant as a means of avoiding financial obligations or thumbing one's nose at verdicts and settlements.

I see...

Its interesting to note the differences between the UK and US business laws
 
So, Peters has nothing better to do than check his donor lists against people who are also members of pro-CBS pages. Then banning them?

Shouldn't he be building sets and hiring actors for filming when CBS crumbles before him?
 
I recall when news of the lawsuit first come out either on the donor's page or fan page on FB, that question was asked how Alec could possibly pay off such a fine and Terry replied, there was always Chapter 11 and 13 to rely on. It seemed as if they already had the plan set, of course the post quickly disappeared.

Chapter 13 if they are talking about Alex Peters or any of the Does. Not for a company. You don't file Chapter 13 for a company.
 
Indeed. A good deed is only genuine when carried out in anonymity.

I guess it depends on the person. More than a decade ago, I was driving down a road from Pasco County to Pinellas County in the middle of the night, right along Florida's coast, and there was like a flame up ahead. As I drove closer, I could see that a car flipped, and the bottom of it had caught fire.

I helped pull the guy out. But it was nothing like heroic. I was more worried about the car exploding, but realized that was just in the movies. It would just burn up more than anything, which it did ... at least 15 minutes after I pulled him out. So it wasn't like I was racing against a clock or anything, and he probably could've got out on his own.

I stayed with him until the ambulance arrived, and then waved off the police. Gave a quick statement, but they didn't even ask my name. And I didn't even talk about it publicly until years later. Like I said, nothing that he couldn't have done on his own, and nothing really heroic. Just seeing someone who could use a little help, and I helped.

I only brought it up once because I was writing something about some good deeds, and it came up as more of an anecdote than anything else. And who knows ... if Twitter or even Facebook existed back then, maybe I would've posted something too. :D
 
Yes, but what if Alec tried to legally dissolve the company (assuming that's possible under american business law)? What it be possible to do so and avoid half the "charges" or would it have to continue "in business" until the trial was over?
Considering Mr. Alec Peters was sued personally and separately from Axanar Productions as well; I assume the case would go forward with his personal aspect of the case. <--- And that's probably WHY C/P sued both Axanar Productions and Alec Peters as an individual. Yes, Mr. Peters could also declare personal bankruptcy too - but the Judgement against him (assuming that's how the case concluded); would remain as part of his credit history and C/P would still be able to collect something.
 
Considering Mr. Alec Peters was sued personally and separately from Axanar Productions as well; I assume the case would go forward with his personal aspect of the case. <--- And that's probably WHY C/P sued both Axanar Productions and Alec Peters as an individual. Yes, Mr. Peters could also declare personal bankruptcy too - but the Judgement against him (assuming that's how the case concluded); would remain as part of his credit history and C/P would still be able to collect something.

Like that townhouse in Florida that he hasn't transferred out of his personal ownership (and is probably too late to do now anyway).
 
They'll be "donating" it to CBS soon enough.
According to AP no donor money will be used for the legal defense and every donor will get their perks or the equivalent of your dollar donation. Terry on the other hand when asked if donations would be used for legal defense said no, but the rent had to be paid. Drawl your own conclusions.
 
According to AP no donor money will be used for the legal defense and every donor will get their perks or the equivalent of your dollar donation. Terry on the other hand when asked if donations would be used for legal defense said no, but the rent had to be paid. Drawl your own conclusions.

Did they not mention starting a fund raiser for the legal proceedings, though?
 
Did they not mention starting a fund raiser for the legal proceedings, though?
The attorney is pro bono, free, but they are still taking donations on their website and some member has been talking about a legal fund, but Indie and Kickstarter don't do legal crowdsourcing neither does Go Fund Me from what I understand.
 
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