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Bankruptcy laws in most countries forbid you from not trying to operate in a normal way (e.g. by comforting possible customers to buy with you). Otherwise you w
by consp 7y ago
Bankruptcy laws in most countries forbid you from not trying to operate in a normal way (e.g. by comforting possible customers to buy with you). Otherwise you would be committing to a more speedy insolvency which would in the end be some form of bankruptcy fraud.
I agree with you this is strange and very non beneficial to the customers who book late in the process but it would be even worse for those who already had booked and would then be left hanging since no money was coming in anymore.
Though quite obviously the only people benefiting from this are lawyers and the executor.