On Mon, 8 Jun 1998, Alex P. Rudnev wrote:
Sorry. There is a difference. If some company fail out of the funds, it should be selled to someone who can cover this loss of funds. For example, BIGO.net should buy the values of the hypo.net. It buy the links, the fibers, the buildings. But should it buy the address space? Who can answer it?
When I said "buy the assets" I meant that they would buy the operating network which includes all the equipment, circuit contracts, buildings and building leases, office furniture, employees, etc. Since the network is still operating, i.e. it is moving packets, they would need to continue using the same IP addresses in order to continue operating the network without disruption.
But I can't buy ISP withouth local registry, domain names, etc etc... And I am not sure if any attorney in the world understand what's is this - domain names, address space, local registry AS numbers.
They will understand enough if the buyer tells them that without the domain names, IP addresses, etc, they cannot sell an operational network but only some used equipment. The added value comes from the fact that it is a complete package. When a company gets into financial trouble, the court appoints a trustee who sells of everything for the best price they can get. The end result is that they want the company to have nothing but debts and money. Then they can divide up the money to the creditors in proportion to how much money is owed and pay out all the debts for some number of cents on the dollar. The trustee is responsible for getting the best price when they sell the assets and I'm sure that lots of the employees and customers of the company will point out that if they keep the network operating without interruption then they will get more money for the assets. -- Michael Dillon - Internet & ISP Consulting Memra Communications Inc. - E-mail: michael@memra.com http://www.memra.com - *check out the new name & new website*