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Re:Expect mass layoffs later today, Monday at latest by dieselgate on Friday March 10, 2023 @07:16PM (#35103309)
I had to look into it as well, believe it falls under [1] "undercapitalization"

More specifically [2]

EDIT: I am not a lawyer not legal advice

[1]: https://www.law.cornell.edu/wex/piercing_the_corporate_veil [2]: https://www.investopedia.com/terms/u/undercapitalization.asp

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