More bad news for Amiga Inc

[koaftder]

Best news I've heard in quite a while.

[Puni/Void]

Taken from the article:

Inception Group is entitled to get the owed money (about 150,000 USD) aswell as an interest of about 7000 Dollar.

That's a LOT of money for Amiga Inc. I guess this means that they are toast? If yes, will Amiga Inc. be for sale afterwards? How does this work?

[Matt_H]

Theoretically, they should have been toast years ago. They'll probably just create another shell corporation to escape the debt.

[motorollin]

They'll probably just create another shell corporation to escape the debt.

Is that legal?

[Matt_H]

Is that legal?

Probably not, but it'll take another lawsuit to prove it.

[motorollin]

Probably not, but it'll take another lawsuit to prove it.

It might be worth it for $157,000...

[spihunter]

It would be nice if these guys would just finally go out of business so we could have some closure around here!

[Akiko]

I hope this finally marks the end of McEwen and Ainc.

I'd like to see Hyperion or Acube take the rights.



.

[TheGoose]

Yeah, that's good news to me.

[dammy]

Via Amiga-News.de

Sued by their ex-landlords! Vast sums of money owed!

Good luck with getting a dime out of Amiga Inc.

[mike-]

AmigaOS5 ?? :-)  Yes it will be a linux distro with a Amiga looklike windows manager.

We already have that http://xwinman.org/amiwm.php
157,000 what the hell were they renting? how long does that work out for? that has to be a year? or more?

[motorollin]

Isn't it funny how these days bad news for AInc seems to suggest good news for the Amiga :rolleyes:

[recidivist]

Amiga  should be able to be run from a $1000 a month storefront or Industrial park  back lot.Or maybe from someone's home office in the basement ,garage or den.
Seriously ,what has Amiga,Inc  done  in the past  decade?E-sales of  phone games doesn't need more than a file server.

[orb85750]

I hope this finally marks the end of McEwen and Ainc.

I'd like to see Hyperion or Acube take the rights.



.

Does this mean that we can expect the Amiga trademark to be up for bid via bankruptcy court soon??  I wonder who will buy it and for how much.  The saga continues!

[orange]

I feel sorry for them and think this is very sad news.

[Matt_H]

I feel sorry for them and think this is very sad news.

What has Amiga Inc. done for you lately/ever?

Genuine question. I'm curious as to what you see worthwhile in them.