Hacker News new | ask | show | jobs
by kayodelycaon 1062 days ago
In general, this doesn't matter. A great deal of laws basically evaporate in bankruptcy because the company can no longer fulfill its obligations.

As my grandfather said: "You can't get blood from a turnip."

2 comments

But they might have a warehouse full of bicycle frames, wheels, batteries, etc.

If, in an ideal world, these were marked as mine the moment I paid, then they would belong to me, also in case of an bankruptcy.

Well, if you had a first position security interest, properly perfected, you might at least be first in line to try.