Suspended corporations have long fascinated me. They seem to exist is some legal netherworld. “Wandering between two worlds. One dead, the other powerless to be born. With nowhere yet to rest my head, like these, on earth I wait forlorn.
Bankruptcy’s avoiding powers often turn otherwise unexceptional transfers on their heads. But who expected that an unsuspecting business would have to disgorge nine years of honestly earned payments because the customer paid with a check on his LLC? Welcome to