I read that, and the key thing to pay to attention is whether you willfully did something that was “unfair”, “unjust”, and “fraudulent”.

I don’t think those apply here. If by sheer accident you were hit with a giant AWS bill, and you were facing potentially having to shut down your company, and you conducted the maneuver that I described, what’s wrong with it? Your company was facing a life-or-death situation, and decided to be reborn.

Maybe there needs to be a form of corporate bankruptcy where the company can retain its core/key IP assets...