General Discussion, page-2655

I doubt LLL would be responsible forFFX debts.
What Argonaut are getting at is that if LLL had not have been spun out at that time then the LLL asset still held by FFX could/would have been used to satisfy FFX debts.
Not sure how Mali Insolvency works but in Aus the timing of the spin out would be investigated to check whether any clawback provisions apply (including intent to defeat creditors).
If the BOD of FFX were aware of the ' hopeless' debt situation before the spin out but went ahead regardless then there would likely be issues. Not saying this happened it was more than likely plain old incompetence IMO. But a case for creditors to test?