> How can you make it illegal for the business to get a loan? That would also be... | Hacker News

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yread 57 days ago | parent | context | favorite | on: Private equity bought America's essential services

> How can you make it illegal for the business to get a loan?

That would also be legal. But if you take the assets out of the daughter company you would go to prison for https://web.archive.org/web/20141030194421/http://www.sfo.go...

elevation 57 days ago [–]

The daughter company would presumable be allowed to purchase goods and services. What prevents those goods and services from being supplied (at a hefty markup) by another company under PE control?

yread 57 days ago | [–]

If it's done for the purpose of defrauding debtors of the daughter company, the law

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