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Author Topic: If AInc went bankrupt...  (Read 4932 times)

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Offline motorollinTopic starter

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If AInc went bankrupt...
« on: January 13, 2008, 09:21:31 PM »
... and I mean properly bankrupt, not just selling the company to themselves, what would happen to their IP? Would they be forced to sell it? Or would it go further in to limbo? Or would they forfeit it altogether?

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moto
Code: [Select]
10  IT\'S THE FINAL COUNTDOWN
20  FOR C = 1 TO 2
30     DA-NA-NAAAA-NAAAA DA-NA-NA-NA-NAAAA
40     DA-NA-NAAAA-NAAAA DA-NA-NA-NA-NA-NA-NAAAAA
50  NEXT C
60  NA-NA-NAAAA
70  NA-NA NA-NA-NA-NA-NAAAA NAAA-NAAAAAAAAAAA
80  GOTO 10
 

Offline Caius

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Re: If AInc went bankrupt...
« Reply #1 on: January 13, 2008, 09:25:13 PM »
Is this a question, or a dream? :-D
Theology is just a debate over who to frame for creating reality.
 

Offline maffoo

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Re: If AInc went bankrupt...
« Reply #2 on: January 13, 2008, 09:32:26 PM »
I'm no lawyer, but I suspect it would be put up for sale with all the other assets (if any) of the company in order to settle debts.
 

Offline amigakit

Re: If AInc went bankrupt...
« Reply #3 on: January 13, 2008, 09:34:29 PM »
AFAIK Amiga,Inc don't own the rights, they have a lifetime exclusive agreement to use them.

If Amiga,Inc were to go into Chapter 11, I would speculate that maybe Acer would be free to re-assign the Amiga rights to another licencee.
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Offline motorollinTopic starter

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Re: If AInc went bankrupt...
« Reply #4 on: January 13, 2008, 09:41:05 PM »
@Caius
It's both ;-)

@amigakit
Interesting. I wonder what Acer want with the Amiga IP?!

--
moto
Code: [Select]
10  IT\'S THE FINAL COUNTDOWN
20  FOR C = 1 TO 2
30     DA-NA-NAAAA-NAAAA DA-NA-NA-NA-NAAAA
40     DA-NA-NAAAA-NAAAA DA-NA-NA-NA-NA-NA-NAAAAA
50  NEXT C
60  NA-NA-NAAAA
70  NA-NA NA-NA-NA-NA-NAAAA NAAA-NAAAAAAAAAAA
80  GOTO 10
 

Offline bloodline

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Re: If AInc went bankrupt...
« Reply #5 on: January 13, 2008, 09:41:14 PM »
Quote

amigakit wrote:
Amiga,Inc dont own the rights, they have a lifetime agreement to use them.

If Amiga,Inc were to go into Chapter 11, I would speculate that maybe Acer would be free to re-assign the Amiga rights to another licencee.


That refers to the IP... patents etc... I do believe that Amiga Inc. own the trademarks... in which case, they would be sold like any other asset...

Offline bloodline

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Re: If AInc went bankrupt...
« Reply #6 on: January 13, 2008, 09:45:08 PM »
Quote

motorollin wrote:

@amigakit
Interesting. I wonder what Acer want with the Amiga IP?!

--
moto


They picked them up when they bought Gateway... given that most of the patents have either expired or will expire soon... I imagine they have no interest what so ever :-)

Lest ye not forget that with projects like Minimig/CloneA/AROS the IP is totally valueless.

Offline Argo

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Re: If AInc went bankrupt...
« Reply #7 on: January 13, 2008, 10:29:10 PM »
The IP they hold would be put up for auction with the rest of the company's assets in order to pay out the liabilities, as much as possible.

Really doesn't matter. The community has been and currently is reverse engineering that IP or reinventing it through different implimentations. In the end we, the community, will take control of the platform. Where we go from there, is up to us.
 

Offline Tension

Re: If AInc went bankrupt...
« Reply #8 on: January 13, 2008, 10:39:05 PM »
@ Argo

True, but what a shame there wasn`t SOMEONE who could do it right. To quote a well known phrase - "We made it, they {bleep}ed it up"

Offline dammy

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Re: If AInc went bankrupt...
« Reply #9 on: January 13, 2008, 11:47:46 PM »
Quote
AFAIK Amiga,Inc don't own the rights, they have a lifetime exclusive agreement to use them.


AFAIR, AI owns trademarks, copyrights, existing stock and has  access to the patents that Gateway (since I believe Acer has yet to consolidate their Gateway purchase offer) owns from Amiga Inc/Tech.  Question is are you talking Amino, Itec, or Amiga Inc DE?  Like Pentti will ever allow IP to slip through his fingers is laughable.

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Offline persia

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Re: If AInc went bankrupt...
« Reply #10 on: January 14, 2008, 12:35:59 PM »
Do the have any real access to the IP?  Remember KMOS/Amiga Inc has told it's creditors that the Amiga Inc that signed the lifetime access deal with Gateway IS A DIFFERENT COMPANY.  

In reality all rights to the IP have returned to Acer, Amiga inc is a shill.  If the Amiga Inc that signed the lifetime agreement with Acer/Gateway is still alive the creditors need to know about it...
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Offline dammy

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Re: If AInc went bankrupt...
« Reply #11 on: January 14, 2008, 01:31:57 PM »
Quote
Do the have any real access to the IP? Remember KMOS/Amiga Inc has told it's creditors that the Amiga Inc that signed the lifetime access deal with Gateway IS A DIFFERENT COMPANY.


Which bought assets from (now) Amino for debts owed to them. At the VERY worst, they no longer have access to the patents, the very few that still remain under the twenty year patents limits.  I highly doubt they have screwed the deal up between themselves and Gateway and unless you have solid proof it was not transferrable, your wasting everyone's time.

Quote
In reality all rights to the IP have returned to Acer,


Ah, last I heard, the deal for Gateway was on hold.  Has Acer actually bought Gateway.  And please show us all where such a deal, in case law, voids previous contracts that have been fullfilled?

Quote
Amiga inc is a shill


Been saying that for years, but you probably thouht I was a nasty troll back then, true?



Quote
If the Amiga Inc that signed the lifetime agreement with Acer/Gateway is still alive the creditors need to know about it...


McBill was jointly held responsible for damages against Bolton and he personally needs to be hounded by Bolton and others to pay his personal share.

So when Hyperion signed that deal with Itec for transferring ownership of source code and object codes of third party developers and recieved their $25K, why aren't they being hounded on here for fraud?

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Offline spihunter

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Re: If AInc went bankrupt...
« Reply #12 on: January 14, 2008, 02:08:37 PM »
I wish they would all go out of business, then all effort would go to the Homebrew projects like AROS, minimig,etc....
 

Offline arnljot

Re: If AInc went bankrupt...
« Reply #13 on: January 14, 2008, 02:38:30 PM »
We would see no more of AmigaAnywhere, as none of the "Hard Core" amiga companies are interessted, if not for anything just to buy it to bury it.

We'd se BBRV, DiscreteFX, ACube, Hyperion and possably other players either competing or joining in a partnership to aquire the IP.

BBRV said in the heat of the battle one time that they are not interested anymore. DiscreteFX has given up on having a conversation with Amiga INC.

It could also possably be that these actors would completely ignore buying it from the trustees of the bankruptcy, and maybe approach Acer directly for the IP and techs.

If that is legally viable. One could end up with a divided license situation. One exclusive lifetime right coming out of the old Amiga INC, and one new from Acer...

And also, the ones who buy the IPs from A INC would inherit a lawsuit with Hyperion, which doesn't go away by it self even if AINC would fold.

So the conclusion seems to me that Hyperion would celebrate. And probably with ACube rule the new Amiga world. And the blue camp would shrug and perhaps rejoice a little as well.

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Offline Caius

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Re: If AInc went bankrupt...
« Reply #14 on: January 14, 2008, 03:04:02 PM »
Warning: Complete sidetrack follows...

I wonder how much hate mail Bill receives per week.
Theology is just a debate over who to frame for creating reality.