Posted on 17-Nov-2003 19:18 GMT by bbrv | 161 comments View flat View list |
At today's hearing of the Tribunal of Commerce in Paris a judgment was rendered declaring Pretory, S.A. in bankruptcy and appointing a receiver. The process finally will now begin to transfer Thendic-France's assets to Genesi SARL.
Our situation with Pretory S.A. has been a long and difficult one. In all matters we have cooperated with the French Government and agreed to close the Company in a coordinated and proper manner. Time will demonstrate that we have behaved properly and legally in all respects as shareholders and managers.
In no way will these matters effect Genesi. Finally, we are personally free to devote the time and resources we want to the Genesi.
Sincerely,
Raquel and Bill
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Thendic-France : Comment 63 of 161 | ANN.lu |
Posted by Bill Hoggett on 18-Nov-2003 10:35 GMT | *sigh*
While I agree with previous comments that there is obviously some spin in the reporting and analysis of the consequences of this story, I have to wonder what some people expect.
Would people have reacted better if BBRV had not reported it?
Would people have reacted better if they simply reported the story and gave no explanation as to their involvement in it?
Would people have reacted better if the said "it was all out fault and we're horribly evil and nasty people"?
No. BBRV did exactly the right thing in reporting the story and getting out there with their take on events first.
Amiga Inc could do worse than follow their example, only I fear that in their case it's too late. Much too late.
As for the story itself, I simply don't know enough about the issue to comment either way. People losing their jobs is never a happy event though. |
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