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Old 15 February 2015, 19:03   #17
Nekoniaow
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Join Date: Dec 2014
Location: Montreal
Posts: 129
Quote:
Originally Posted by lesta_smsc View Post
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:
http://en.wikipedia.org/wiki/Bankruptcy

And for the Netherlands in particular:
http://en.wikipedia.org/wiki/Bankruptcy#The_Netherlands
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