In the Private Limited company, the liability of the shareholders towards creditors of the company is limited to the originally capital invested; means their personal assets are protected at the time of company's insolvancy.
Eric Bledsoe (stomach bug) will not play in Tuesday's preseason game vs. the Rockets. With Bledsoe sidelined Brandon Knight will run the show for Phoenix, but there's not reason to overreact to Bledsoe sitting out a preseason game with an illness.
The Hornets acquired wing Nicolas Batum from the Portland Trail Blazers on Wednesday night in exchange for guard Gerald Henderson and power forward Noah Vonleh.The deal comes nine days after the Hornets sent Lance Stephenson to the Los Angeles Clippers for Spencer Hawes and Matt Barnes.ORTLAND, OR-APRIL 27: Nicolas Batum #88 of the Portland Trail Blazers handles the ball against the â¦. CHARLOTTE, N.C. (AP) -- The Charlotte Hornets continue to revamp their roster after a disappointing season in which they didn't shoot the ball well and failed to make the playoffs.