[News] REQUEST by Defendant Amiga Inc for a delay in any decisions | ANN.lu |
Posted on 20-Nov-2003 01:47 GMT by Rich Woods | 115 comments View flat View list |
11/12/2003 REQUEST by Defendant Amiga Inc for a delay in any decisions. (RS, ) (Entered: 11/18/2003)
Bill McEwen requests delay in the Thendic-Amiga trial (by personal letter on Amiga stationary with the Ravensdale PO Box address) - pro se.
We are in the process of locating new council (sic) for Amiga as well as finishing up our investment round so that we will be able to move foward with proper representation.
While I fully expect Amiga will have the funding and council (sic)
located before the requested extension......
Get the file Here
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REQUEST by Defendant Amiga Inc for a delay in any decisions : Comment 103 of 115 | ANN.lu |
Posted by MarkTime on 21-Nov-2003 18:36 GMT | In reply to Comment 101 (Vexar): What, you don't see the point?
Declaring Chapter 7 bankruptcy is liquidation of all assets and winding down all operations. He doesn't want to voluntarily declare bankruptcy, and is trying hard to avoid a forced bankruptcy.
Maybe you are thinking of a re-organization type of bankruptcy, like a Chapter 13 or 11.
You have to have a revenue stream to re-organize. Amiga, Inc. is not eligible for such a bankruptcy.
A bankruptcy will protect the interests of the creditors, not Amiga, Inc.
OK, and on some other points people make.....at no point in time will Genesi have to defend their reasoning for making a contract or enforcing it....it may be interesting speculation but not really relevant in the court. |
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