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You cannot use a new corporation for two reasons. First, the contract is with the old corporation which is a unique individual entity. A new corporation with the same name is XXXXX XXXXX same company. Second, the old company cannot execute a legal assignment of the assets, or the rights in the contract to a new corporation because it is in default. It does not presently have the corporate authority to do anything.
ok - thank you, XXXXX XXXXX helpful