Be careful who you sell your business to

Tonight, we will discuss what happens when you sell your car wash to a couple of lawyers who got too busy to file their articles of incorporation before the purchase and sale agreement was executed. When their car wash goes bust and they breach the agreement, all hell breaks loose. The court syas that no, there is no corporation by estoppel, because the lawyers knew that they weren't really a corporation. The moral of the story is that running a car wash is a messy business.