19th December 2013, 09:59 AM
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Member
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Join Date: Jan 1970
Posts: 589
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Quote:
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Originally Posted by Chrome Prince
Virtual formguide is right, you pay your subscription and get no form.
Really think this is disgraceful conduct to tell people all will be good and it's just a server problem, when you know you're going under, and taking money after lodging liquidation intentions.
Most of us have been supporters for more than ten years, and to treat clients like that reflects the character of the people behind it.
A simple email apologising, because it's over and beyond his control, thanking subscribers for loyalty and issuing refunds for remainder of subscription would have been appropriate.
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When a company is insolvent they should cease trading immediately that they become aware that they cannot pay their commitments. They cease or call in administrators. If it can be shown that they have continued to trade past this date (take subscriptions etc) then the directors position changes from being personally protected by companies laws, to a position of being personally liable for additional debts. This should make them personally liable in returning these subscriptions. The lists etc and programs and like are company property and the liquidator can overturn any dispersement of company assets within six months of becoming insolvent. Phoenix Rising
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