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by mattio 401 days ago
The company must remain profitable, otherwise it will bankrupt, right. I wonder what a better path forward was. Perhaps their T&C allow to lower through put of the LT-subscriptions and offer an upgrade to breakeven on LT-subs.
2 comments

Whether or not the company will go bankrupt is immaterial to their contractual obligations.

Otherwise, no one would ever declare bankruptcy. They'd just say, "If I pay I'll go bankrupt, so I won't pay."

Or you know, honor the contracts that were already in place, and any new contracts get a temporal subscription instead of a lifelong one... Otherwise they shouldn't have bought the assets.
> Otherwise they shouldn't have bought the assets.

They probably wouldn't if they had known, so I guess the seller may left some information out.

(psst: they knew.)