Priest of the Order of the Butterfly
Posts: 874 from 2003/3/4
From: #AmigaZeux, Gu...
Quote:
ppcamiga1 wrote:
In some parts of Europe bankruptcy can not be declared by a court if assets of company are worth less than the cost of the procedure.
Have you carefully checked Belgian law in this regard?
Maybe you are waiting for something that will never happen.
Likely that 'bankruptcy' is far too dramatic a word for this and what's going to happen is that they'll just be struck off the company register again.
That means they won't be able to accept money, employ people, defend themselves in court or do anything an actual registered company can do.
Time will tell what Ben does about it this time.
[ Edited by KennyR 23.06.2019 - 13:39 ]
