Originally Posted by lesta_smsc
But if copyright is still valid and the company no longer in existence, who will be suing?
When a company in bankruptcy gets liquidated, its assets are sold to whoever wants them with debtors obviously having priority access to them. So whichever IP or copyright was owned by the company will then belong to the buyers of these assets.
Note that bankruptcy does not necessarily result in liquidation. It's a legal procedure which helps a company to postpone and re-negociate part (or all) of its debts, Hyperion might very well be in working order again at the end of the bankruptcy proceedings.
As usual Wikipedia is a fluffy kitten:
And for the Netherlands in particular: