[larrys]

"Might work."

Not going to work and it can't work. If the strategy was to put the company in bankruptcy then they can't pay any debts out of bankruptcy period. It wouldn't be legal.

As a side note whatever chance you might have to getting money out of a bankrupt company on the sly (say they create a PO for some other goods and services to get you the money say it's your brother in law etc.) would never ever happen for obvious reason because of all the publicity.

[hga]

Indeed. E.g. they immediately had to file a petition "to pay claims of employees": http://chapter11cases.com/2014/06/24/source-home-entertainme...

I've read elsewhere over 5,000 were laid off, and they have less than 200 left. This would be to pay what's due to the former, and/or continue to pay the latter, so the company doesn't just shut down now, a worst case for everyone.