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| What happens when your cloud service just pulls the plug - Insteon gone |
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| Stray Electron:
--- Quote from: cdev on April 26, 2022, 01:52:48 pm ---Corporate types just hate admitting they are failures. Its always somebody else's fault. --- End quote --- Fixed it for you. I don't see anything anywhere that this had to do with politicians. |
| Monkeh:
--- Quote from: themadhippy on April 26, 2022, 01:13:43 pm ---Could someone be kind enough and translate it into something that at least resembles english and not legal double speak --- End quote --- "If this company owed you money tell us by this date and maybe you'll get some of it back" |
| bdunham7:
--- Quote from: themadhippy on April 26, 2022, 01:13:43 pm ---Could someone be kind enough and translate it into something that at least resembles english and not legal double speak --- End quote --- It is a notice of an alternative form of bankruptcy under California law. It allows the assignor and the former management to escape the scrutiny they might otherwise face in a US Bankruptcy court. |
| Monkeh:
--- Quote from: bdunham7 on April 26, 2022, 09:30:16 pm --- --- Quote from: themadhippy on April 26, 2022, 01:13:43 pm ---Could someone be kind enough and translate it into something that at least resembles english and not legal double speak --- End quote --- It is a notice of an alternative form of bankruptcy under California law. It allows the assignor and the former management to escape the scrutiny they might otherwise face in a US Bankruptcy court. --- End quote --- The usual "We screwed up, lots of employees lost their jobs, creditors lost their money, and customers lost support, but we'll take the absolute bare minimum responsibility while we go home to our mini mansions". |
| bdunham7:
--- Quote from: Monkeh on April 26, 2022, 09:41:45 pm ---The usual "We screwed up, lots of employees lost their jobs, creditors lost their money, and customers lost support, but we'll take the absolute bare minimum responsibility while we go home to our mini mansions". --- End quote --- mini mega mansions These guys are in Orange County. They probably have $20M homes. |
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