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Home > On Point > The 'Texas two-step': A controversial legal strategy to avoid corporate liability
Podcast: On Point
Episode:

The 'Texas two-step': A controversial legal strategy to avoid corporate liability
Category: News & Politics
Duration: 00:47:22
Publish Date: 2022-10-20 16:38:34
Description:

Corporations facing massive litigation are using a new legal strategy to avoid liability. It’s known as the Texas two-step. Step one: create a subsidiary and transfer a few assets and all the lawsuits. Step two: The subsidiary files for bankruptcy. Rob Rasmussen, Mike Spector and Leigh O'Dell join Kimberly Atkins Stohr.
Total Play: 0

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