As of 30 June 1993 the Company was in default under an equipment loan for $13.0 million. The Company intends to sell the equipment in the near future and retire the debt. For financial statement purposes the entire amount of the
equipment loan has been classified as current. "
This might explain why the "factory" was completely empty in Dave Haynie's Deathbed Vigil walkthrough.
Also recall from DBV that Commodore couldn't afford parts to manufacture enough 1200s. Their credit with suppliers was shot. They probably sent most of those that they could produce to Europe where they'd be guaranteed to sell.
And if I remember correctly, Commodore put themselves into voluntary liquidation. They weren't "forced" into bankruptcy. My guess is this was probably done so Gould & Friends could get away with their ill-gotten gains and not have to deal with the aftermath.