Certainly, I'm sure they do... Normally it's to get rid of 10 year old equipment, or to close down a particular operation (such as when a company has many plants).
I think that's mostly the case here... Unfortunatly, I think that was the only equipment and operation they had, though. ;-)
I don't think it's actually a foreclosure, though. (Wouldn't that need to be disclosed?) Just a reduction of.... well.... all material assets. Most likely in a closing of shop, or a reduction of weight and bills with a last hope for a new buyer for the bits of IP of it. (Microsoft scoops Amiga Anywhere, and Hyperion gets OS4? -- probably what they're hoping for) Then close shop and go home.