My apologies for the way I worded that last post to make it seem like you were personally considering BK.
To sum it up:
It’s easy to pass and enact laws (well not really with our clowns in the govt), but difficult and costly to enforce them.
There are patent laws. If you violate my patent I can sue you to try to receive compensation for damages or revenue that was generated using my patent. This is the law.
Say a Fortune 100 company stole my patent, and I am a start up company burning through cash to pay the employees…..
Even though I have the legal right, I will not pursue enforcing it because it doesn’t make FINANCIAL SENSE!
Hopefully, you see how things work here now in banking land also…..