Excellent outlook Pirate. They can re-structure the company [and most probably re-brand it] without the anvil of debt & creditors around their necks. There have been many occasions where we've seen companies come out of bankruptcy stronger.
The German courts are not like ours, more efficient and timely. By the time the legality portion is done and the new [and hopefully] improved Poolworks (or whatever new name is selected) is cleared to get back in business --- should be, well what do you know? ... early next year. (sound familiar?)
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