Quote:
Originally Posted by Franky
why should someone take over IREX? why should they be willing to pay roughly 10 milj on debt?
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They don't have to. The company is bankrupt. It is up to the trustee to still make the best out of it. He can sell the assets to the highest bidder. In this case, the knowledge of the employees is likely among the larger assets, which raises the chance that the trustee will try and succeed in keeping it all more or less together.
The bankruptcy does mean that a new owner won't have to honour any obligations to iRex customers either. We'll just have to see how they handle that.