• May 2013 - The Announcement of the Xbox One

    Its Now May 2013 and the Next Gen Console race is hotting up. Today May21st we have the announcement of the New Xbox One and details coming in all the time of the PS4. If your a fan of mobile phones then im sure you have already brought a Samsung Galaxy S4. If your after a WiiU then Target are selling the console at a decent £240.

  • OnLive's alternative to bankruptcy: just what is an Assignment for the Benefit of Cre

                      
    		   
    by
    wraggster
    Published on August 18th, 2012 21:54
    0 Comments Comments
    The news is out. OnLive, Inc. is no more, having cut the bulk of its workforce loose and used anAssignment for the Benefit of Creditors (ABC) to absolve itself of massive debts incurred by the expansion of its services without a corresponding increase in its customer base. But what is this alternative to filing for bankruptcy, and why did OnLive choose this particular legal reset button to start over? We spoke with an expert on the matter, Martin Pichinson, co-founder and managing member of Sherwood Partners (which does two or three ABCs in a given week), to help educate us on this little-known tool used by companies irrevocably in the red.
    http://www.engadget.com/2012/08/18/o...-of-creditors/
    This article was originally published in forum thread: OnLive's alternative to bankruptcy: just what is an Assignment for the Benefit of Cre started by wraggster View original post
    1. Categories:
    2. Cloud News