Where the owners of a failing business create a new entity and attempt to buy out the assets of the failing business at a significantly lower cost either in bankruptcy or during a liquidation phase.
Home »
Law Dictionary » D » DUMP BUYBACK
TheLaw.com Law Dictionary & Black's Law Dictionary 2nd Ed.
Where the owners of a failing business create a new entity and attempt to buy out the assets of the failing business at a significantly lower cost either in bankruptcy or during a liquidation phase.