Hans_ wrote:
persia wrote:
can't Hyperion's lawyers ask that the case be dismissed on the basis of Amiga Inc/KMOS/Amino admitted insolvency? Hyperion have done a great job, if they could just get this lawsuit cloud to go away we'd have OS4 for Efika, Pegasus and MacMini by now.
The insolvency issue is part of their arguments, but a case won't be dismissed so easily.
This is the US, and this is a contract dispute; insolvency doesn't enter into it except as regards performance under the agreements at issue (and if you are insolvent in reality, your ability to get someone to show up for you in court). If you're entitled to something, you're entitled to it whether you're rich or broke.
Of course, the court, in the end, has to make a legal determination as to who's really entitled to what, if anything.
Now, as a US entity, if AInc. sees an unpleasant result looming, or takes it to fruition and are ordered to pay damages, they have the option to file bankruptcy... or if they're broke and don't desire to continue operating, they don't even have to bother; if they have no assets there's nothing to collect on, except perhaps the trademark(s). That's part of the incentive to settle this sort of thing.
Edit: Okay, maybe I'm not as obsessive about this as I think I am; I forgot there was an insolvency provision in the agreement, so if Hyperion prevails on that they prevail on that.