Can't these hedge funds do something tricky like form a new company and transfer their clients' contracts over (except GME, amc) and then bankrupt the old company to avoid having to cover shorts? I understand that if all the rules hold, shorts should have to cover, and legit GME holders gains should reach the moon, but I am just questioning if there is some 'out' for these shorts to keep from upending the whole works. Bankruptcy would only allow access to the hedge fund's assets, which would only be the profits from their trading, which are distributed to the traders on a regular basis. I would think that the clients' holdings aren't included in the assets of the company, since they belong to a 3rd party. Sorry to be a wet blanket thinker, but someone explain please.