By junto
In the UK the liquidators hold the assets in a kind of trust. It is their responsibility to try and liquidate the assets to return money to the creditors.
In my case one of our founders purchased the domain name and the “good will of the company”, and continued to run the company under that name as a “trading name”. The actual company entity going forward was completely different.
Read more here: https://news.ycombinator.com/item?id=10469877
junto comments on "Didn’t Homejoy Shut Down?"
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