Hyperion bankrupt?

[Rob]

I would have to search for the links. If I recall right he needed a license for the roms and there was a problem between Haage&Partner and AmigaInc. and he was between. At the end it seems he has deleted everything before he left the community (very unfortunately )

Left the community?  Bernie (umisef) is still around to this day.

[Rob]

I have the 500, 1200 and the 2000. I love the Amiga, both original and NG. It's more the community than the hardware. You see a lot of infighting between the two groups, but I'm agnostic to the whole thing and just love what it gave me in the past and I want to give back to it by supporting future hardware as well.

I purchased os4 for classic and will check it out before committing to a full on NG system in the future. Should have listened to the forums earlier when someone actually suggested that.

To be honest I thought that all the infighting might have put off altogether.  Hope you have fun experimenting with the classic version on UAE.

[Rob]

Question: _IF_ Hyperion stays bankrupt, what will happen to AOS 4? AFAIK there are some clauses with Amiga Inc. that makes the whole thing complicated.

Can someone shed some light into this topic?

If you wish to speculate you might want to familiarise yourself with the settlement agreement.

https://docs.google.com/fileview?id=0BxlY9g_OfLqDZTQyNGFkYzEtZDI5Zi00YzcxLThhODYtODcyZTg0M2I4MzQ1&hl=en

Two things I gleaned from it are;

1.  Transfer of the licenses requires approval of the Amiga Inc.

2.  The Agreement also affords the same rights it does to Hyperion to any parent or successor of Hyperion or any transferee.  This suggests that outright purchase of Hyperion may not require any formal approval from Amiga Inc in order to exercise the rights granted to Hyperion in the agreement.

I don't claim to be any authority on this and others may interpret it differently.

Personally I don't think it's really worth worrying about for now.  My X1000 still functions, A-EON are still working on the software they have promised and OS development is still ongoing.

Aside from a possible shortage of retail copies of OS4.1FE nothing has changed on the ground for now.

If Hyperion's appeal does fail in may be of concern to us but until such a time the status quo is maintained.

[Rob]

Man, I wish I could get an LSD for my Fairlady! Can't find one... or pay a fortune if I could! I think an Amiga PPC card @270MHz would cost more though! :hammer: Last summer I just installed brand new 5/8" bars, front and rear from Stillen - need to give 'em a workout! :laugh1:

1970? Is the body in good shape? That would fly with a 1.8! My Fairlady weighs less than 2000 pounds - what's yours weigh?

Sorry OT again peeps!

Are either of these the diff you need?

http://shop.quaife.co.uk/differentials?manufacturer=53&model=438

Had a Quaife ATB diff in my Ford Escort since I got the gearbox rebuilt back in 2012.

[Rob]

Being taken to court in a forced bankruptcy is significant if actually leads to a hearing.  Being taken to court by a third party (which has standing to do so) and having the court agree that the company is insolvent and assign a curator is devastating.  This is not a couple of clicks of the mouse on a government db, this involves man power (I don't know how Belgium works their curator, but in the USA, curator's fees/costs are taken out of liquidation money) and such will build momentum to get this shoved through the system and finalized.

Curator will more then likely be auditing Hyperion's books, which may prove to be interesting in itself.

If it's just a case of proving that key paperwork wasn't handed to Ben on time and he is able to pay the creditor then it is not significant.

If they can't do the above then it becomes significant but reports so far suggest it isn't at that stage.

Anyway I thought you'd be furious about this.  Big gubmint interfering with business and all that.

[Rob]

Creditors are not third party.   If you pay your debt late, how could they take you to bankruptcy court?  They can't.

Evert Carton seems to disagree with you there Dammy and I think he's in a much better position to know about Belgian law than you.

The important part;

"it says, that some creditor, and no, it wasn't me, stepped to the Court, asking for a bankruptcy declaration of Hyperion."


The full post

[Rob]

Absolutely, many whine about being 3 NG OS's. Well this is what happened and there's no going back, maybe the biggest reason we ended up in this mess is Hyperion so maybe they deserve a bankruptcy after all these years, you can't honestly say they've run their business with success. If they stayed away maybe the real AmigaOS that became MorphOS could have come to an agreement at a later negotiations and we wouldn't even know of this split.

Less and less people buy into OS4 and when asked for reasons why they blame it on the other NG OS'es but fail to see that in year 2015 people can't justify 3000 euros for average computer hardware so the user base can only shrink. It has became a rich mans hobby.

The blame lies with the weak leadership of Amiga Inc and their lack of any real interest in the existing IP.

[Rob]

question so what is the official news?  


is A-eon buying Hyperion?  

and as for OS4.1,  is Final release (THE FINAL END)?

I'm very confused.


btw,  Amigaworld thread is much longer..  lol

Official news is that Hyperion has been ruled bankrupt and are currently appealing against the ruling.  Anything else you read is speculation.

[Rob]

@Boot_WB

In you opinion would that make people claiming that Hyperion not being bankrupt be the ones spreading FUD?

It's the opposite of FUD so it would be DUF (Dedication Unconcern Faith).

[Rob]

Oh hell, if that's the case, you guys should go back to talking about your souped up ricers.  :laughing:

[Rob]

Is that a Ford Granada ?

Escort Mk6.

[Rob]

@thread

guys, i know you're having a good time, but we're starting to get complaints about all of the car-talk in this thread. please open a new thread to continue, but further posts need to be on the subject of the thread.

-- eliyahu

As Manu said, the discussion is in wait and see mode now.  The only real meat of the discussion is that Hyperion have been declared bankrupt and are appealing that decision.

There's no real further discussion until we hear that either the appeal was successful or failed.