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Old 05-14-2007, 09:48 PM   #47 (permalink)
Stosh
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Join Date: Jun 2002
Posts: 191
My degree's in accounting, but I'm not familiar at all with the bankruptcy laws nowadays. If I had to guess, some (obviously) legal stuff is going on, and by SOE only buying the rights to the game, and not buying Sigil the company, SOE is not liable for any of Sigil's other debts, nor are they saddled with any existing employment contracts/benefit packages with Sigil employees, had SOE purchased the company. Sigil can then declare bankruptcy and screw over whatever other creditors there are without it affecting SOE. Then again, I could be wrong because I don't know what the laws say about "selling" off your only real asset just before declaring bankruptcy.
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