Hyperion bankrupt?

[number6]

ACTUALLY, as a former business manager, contractor, and business owner your are VERY wrong.
This is NOT, as you put it "a very serious matter".
Its an attempt to collect a debt.

And one that would backfire in my own country where I would petition the court for chapter 11 protection.

In layman's terms, Belgium has a "one strike and your out" law.
Just saying...

#6

[number6]

I think so too

I don't think Amiga Inc. will be helpful. The OS/4 guy who came and went like a storm asked him for a licence and was demanded 600.000 dollars and 5% of all the profit. I hardly would think that as either advantageous nor affordable.

Just curious what figure you feel is "affordable".
Six hundred dollars is out of that range?

But in case anyones interested it costs $600.00 plus a 5% royalty a year for a brand license.

Source

#6

[number6]

I just thought of something. Up until now we have all assumed that the best scenario of a bankruptsy is that A-Eon buys Hyperion upright in order for AOS4 not to return into A Inc.'s hands. But is that really the best scenario?

Remember, if HE goes down they will take with them a lot of debt. Debts Trevor has to pay off to get the OS. That sounds expensive. But if no one buys the whole company (who would besides Trevor?), the rights to the OS reverts to A Inc., then it must be in McEwans interest to sell the OS. Cloanto already got the original. And since there is only one realistic buyer A Inc. can't ask for too much.

So, instead of paying off a lot of debts, it might be cheaper to negotiate a transfer of IP rights with Amiga Inc. instead.

Thoughts?

Hard to say. Some people prefer being lied to by a lawyer. Some prefer being lied to by an owner.
Regardless, any such proposal should be sent to Darren B. Cohen.
http://www.reedsmith.com/darren_cohen/

#6

[number6]

@thread

Just a quick note about the dates mentioned in the original link and what they mean after getting a better translation:

(1)Filing (claims) to be filed by February 26, 2015

(2)March 4. 2015 is the date of deposition of the initial report for verification of said claims by the curator.

#6