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Enter Chapter 11, bye, bye AutoCAD[ Parent | Reply to This ] (none / 0) (#22)
by Ric Werme on Tue Jan 25, 2005 at 06:31:35 PM PDT

From my reading of the EULA and my mediocre understanding of bankruptcy law, I think the intent is that when you enter Chapter 11 you lose the license.  Entering Chapter 11 puts the old company into an odd limbo state and creates a new company, generally with a slightly different name, that starts off with a clean slate.  The bankruptcy judge controls redirecting assets and income.  According to the EULA, the license turns into a pumpkin the moment you enter Chapter 11.

You are right that the judge will take a very dim view of that, it would be an interesting to watch a judge deal with it.

- Ric Werme -- A gaggle of geese, a pride of lions, an odd lot of programmers.
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