Every oil company has bankruptcy in their plan for leaving AB. If they don’t purposely bankrupt their current company, they plan to sell to a subsidiary with no assets and then put it into bankruptcy. Standard oil business practice to take all the value while never paying any of the liabilities.
Every oil company has bankruptcy in their plan for leaving AB. If they don’t purposely bankrupt their current company, they plan to sell to a subsidiary with no assets and then put it into bankruptcy. Standard oil business practice to take all the value while never paying any of the liabilities.