Discussion - When the crisis first broke out, how should NECC

Discussion Post

1. When the crisis first broke out, how should NECC and its management first react?
2. When a company, especially a small one like NECC, gets into trouble, plaintiff’s attorneys start looking for other defendants. Who is vulnerable to a civil lawsuit?
3. Who and what helps keep corporate misbehavior in check when the law fails? Why did it take so long for NECC and Ameridose to get caught?
4. What is whistleblowing and what its advantages and disadvantages (a) generally and (b) specifically in the case of NECC?
5. Should bankruptcy be considered? What entities or individuals should consider bankruptcy as an option? What happens to an injured plaintiff’s claims when a defendant files bankruptcy?  Is filing for bankruptcy an effective way to avoid lawsuits, claims or liability?