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New HARP book for your old D20 stuff
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<blockquote data-quote="BSF" data-source="post: 1570548" data-attributes="member: 13098"><p>This is sticky legal trouble land. If you, as the purchasee, choose to try to pay off old debts, you leave yourself potentially liable for all old debts. The other creditors, many of whom might be higher in the priority list, could argue that instead of selling the assests of the company, it should have been treated like an acquisition/restructure. Even in an attempt to rebuild goodwill, you often cannot do so because you place your entire business plan at risk when the other creditors take you to court for their share, which should have been paid first. </p><p></p><p>I am actually surprised that Mjolnir LLC would choose to do business as ICE, and I am surprised that they would be allowed to. While the ICE brand had some value, the ill will that it engendered is a severe drawback.</p><p></p><p>I tried to keep up with what was happening to ICE. Eventually, I saw that they had new products out there. If I had known that, and knew that talent had been burned by not being paid, I would be very unlikely to support the company through purchasing a product. </p><p></p><p>As it happens, I now know that ICE really isn't the old ICE and that the assests of the old ICE were auctioned through bankruptcy courts. I would encourage Mjolnir LLC to clarify their position in regards to the old company.</p><p></p><p>But, back on topic - I am curious about HARP. I might look through some of my old Fast Forward Entertainment crap to see if I want to trade it in. Otherwise, I will probably just wait until the urge strikes me to buy it.</p></blockquote><p></p>
[QUOTE="BSF, post: 1570548, member: 13098"] This is sticky legal trouble land. If you, as the purchasee, choose to try to pay off old debts, you leave yourself potentially liable for all old debts. The other creditors, many of whom might be higher in the priority list, could argue that instead of selling the assests of the company, it should have been treated like an acquisition/restructure. Even in an attempt to rebuild goodwill, you often cannot do so because you place your entire business plan at risk when the other creditors take you to court for their share, which should have been paid first. I am actually surprised that Mjolnir LLC would choose to do business as ICE, and I am surprised that they would be allowed to. While the ICE brand had some value, the ill will that it engendered is a severe drawback. I tried to keep up with what was happening to ICE. Eventually, I saw that they had new products out there. If I had known that, and knew that talent had been burned by not being paid, I would be very unlikely to support the company through purchasing a product. As it happens, I now know that ICE really isn't the old ICE and that the assests of the old ICE were auctioned through bankruptcy courts. I would encourage Mjolnir LLC to clarify their position in regards to the old company. But, back on topic - I am curious about HARP. I might look through some of my old Fast Forward Entertainment crap to see if I want to trade it in. Otherwise, I will probably just wait until the urge strikes me to buy it. [/QUOTE]
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