@DrGiltspur to [email protected]English • 7 months agoRedbox missed a multimillion-dollar payment it couldn’t afford to misswww.theverge.comexternal-linkmessage-square17arrow-up195arrow-down11file-textstarcopymore-verticalflagCreate ReportslashBlock usercross-posted to: business
arrow-up194arrow-down1external-linkRedbox missed a multimillion-dollar payment it couldn’t afford to misswww.theverge.com@DrGiltspur to [email protected]English • 7 months agomessage-square17file-textstarcopymore-verticalflagCreate ReportslashBlock usercross-posted to: business
The DVD rental kiosk company was supposed to pay $16.7 million in three installments. After missing the first payment, there’s a court order to pay the whole balance.
minus-square@cm0002linkEnglish22•7 months ago Instead, its CEO, Bill Rouhana, proceeded to fire the company’s entire board of directors, including his own wife. Things must be pretty awkward at their house lmao arrow-up122arrow-down10file-textreply1starmore-verticalmailMessageflagCreate ReportslashBlock user
minus-squareshastaxclinkfedilinkEnglish5•7 months agoIt may have something to do with limiting their personal liability arrow-up15arrow-down10file-textreply1starmore-verticalmailMessageflagCreate ReportslashBlock user
Things must be pretty awkward at their house lmao
It may have something to do with limiting their personal liability