Amiga, Inc. (Washington) changes name

[dammy]

I thought Amiga, Inc. (Washington) was disolved. How can you rename a dead company?

That was because the corp did not file (read pay a yearly fee) a report to WA State which then desolved the corp.  WA allows for five years to reactivate (read pay fees) a desolved corp.

I see this as a method to shut down Hyperion's legal claim that it was insolvent.  If Hyperion does succeed in saying the IP does not belong to Amiga DE, it'll go back to Amino Dev which will then terminate the contract with Hyperion.  Checkmate.

Dammy

[dammy]

Insolvency and filling for insolvency are two different things. So yes, checkmate, but for Hyperion;)

Unfortunetly for Hyprion, AI/Amino was never insolvent.  Their assets were far beyond their debts.  Refer to US Code on what is required for insovlency.

Dammy

[dammy]

The only thing I can remember that could serve as proof was already submited to the court, i.e. the fact that Bill testified in another court case, about AI not paying their employees, because the company was completely broke. And I don't think the employees got any money back. IMHO if that's not accepted as proof than the US justice is real sh*t!.

Except your confusing what McBill says with real world evidence.  :lol:  Ignore McBill and pay attention to the paperwork, that is going to lead you to the truth.

Dammy

[dammy]

Yet, they were unable to pay their debts even after selling their assets. Or would that be unwilling to pay debts?

I say more like poor mouthing it to skate on paying debts tbh.  They clearly had assets worth far more then what they owed.  Problem is for those who they owe is forcing them into selling asstes (Amiga IP) to pay off those debts. That requires paying lawyes to hound AI and AI's owners so you have a chance of spending more what the debt is owed by AI on lawyers.  Most will call it a day and  take the loss on their Federal/State Corp income taxes.

Hopefully by this time next year, the jury will have decided.  Let the appeals process begin after that.  :-D

Dammy

[dammy]

So you're saying that McBill purgered himself in court when he said they were broke?...

If you can get the WA state attorney to go after Bill for Purgery, go for it.  I really do not like AI, and for the most part that goes for the current owner(s) and execs as well.  Be as that may, I still say that AI is in the clear with this contract with Hyperion.  Ben make a crappy contract and he's going to get the fruit of his stupidity.

Dammy

[dammy]

I'm still waiting for the Fat Lady/Judge to sing...

For the initial trial(s) or the appeal process?  You may get lucky and the initial trial(s) will be over by this time next year, or not.  Appeals?  Many many years will pass before the appeal process will be over.

Dammy

[dammy]

I'm still waiting for the Fat Lady/Judge to sing...

I've believe it has now started:  Itec vs Hyperion will not be joined with AI vs Hyperion case in WA but remain in NY.  Hyperion also failed to link their law suit against Amino plus has to go to mediation first before going to trial.  Hyperion did win to get subpoena with Amino's old lawyers but the Judge will go through seven boxes from their past lawyer first.

Dammy