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Farsight Studios
The Pinball Arcade / Farsight Studios
The Official Latest NEWS And INFORMATION Discussion Thread
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<blockquote data-quote="Sinistar" data-source="post: 43593" data-attributes="member: 683"><p>I will provide more insite into bankruptcy, any law pros can refute what Im saying if it's wrong. From what I witnessed in 1992 , The anime company StreamLine Pictures made a horrible mistake agreeing to be distributed by Orion Pictures after Orion had filed Chapter 13 . This meant that all profits due Streamline Pictures from films or DVDs went to Orion's creditors , they in effect , screwed themselves out of business with no ability to make a profit . </p><p></p><p>So buying CRAVE Entertainment would be akin to buying all CRAVE's debts as it's assets were probably seized to pay creditors.</p></blockquote><p></p>
[QUOTE="Sinistar, post: 43593, member: 683"] I will provide more insite into bankruptcy, any law pros can refute what Im saying if it's wrong. From what I witnessed in 1992 , The anime company StreamLine Pictures made a horrible mistake agreeing to be distributed by Orion Pictures after Orion had filed Chapter 13 . This meant that all profits due Streamline Pictures from films or DVDs went to Orion's creditors , they in effect , screwed themselves out of business with no ability to make a profit . So buying CRAVE Entertainment would be akin to buying all CRAVE's debts as it's assets were probably seized to pay creditors. [/QUOTE]
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Farsight Studios
The Pinball Arcade / Farsight Studios
The Official Latest NEWS And INFORMATION Discussion Thread
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