At 08:51 PM 6/4/2001 -0400, Leo Bicknell wrote:
I know almost nothing about bankruptcy, so I would love for someone who does to comment. Put simply, if a company can't pay its creditors and suppliers do they have any chance of entering into a new purchase agreement? I know that I personally wouldn't offer them Net-30 payment terms right now.
actually, this is an interesting point. normally in bankruptcy, vendors for the bankrupt outfit are not permitted to terminate services. now a true peering agreement isn't a vendor/customer relationship, but it is interesting to consider how a bankruptcy court might see it. C&W has done some level of damage (how much is uncertain) to a company in bankruptcy, and there was probably some written agreement with the force of a contract between the two. i bet this ends up in court more or less immediately. richard -- Richard Welty rwelty@averillpark.net Averill Park Networking -- Network Engineering, Software Development http://www.averillpark.net/ 518-573-7592