Given this scenario, and the fact that Corey has provided nothing but oustanding service and timely turnaround of items in the past...I would guess he would not have been short of people willing to invest in this new company; which would have allowed him to start from scratch.
Hell, at this point I would just to spite the competition.
However it works out, I'm rooting for Corey & Co. They're good folks and deserve better treatment then they're getting!