Re: Who Owns Source Code When a Company Folds?

["Chris Madsen" cmadsen@xxxxxxxx]

Yeah, the group in Texas is looking to sell the "system" to legal offices.
Check out www.ilsdocs.com .

----- Original Message -----
From: "Russ Urquhart" 
To: 
Sent: Thursday, August 07, 2003 6:38 PM
Subject: Re: Who Owns Source Code When a Company Folds?


> Hi,
>
> I called this company, after someone mentioned that they were in texas.
> I enquired about the software, via email, and they sent me email back
> saying that the software retailed for something like $2000.
>
> If they are getting out of software, maybe they'll reduce the price?
>
> It's a shame that the people that have the rights to the software, are
> using it for purposes other than wordprocessing.
>
> Russ
> On Wednesday, August 6, 2003, at 04:34 PM, Chris Madsen wrote:
>
> > TTG declared bankruptcy. The source code is still owned by Kenny
> > Frank. He
> > sold the desktop product as-is to a group based in Texas that is
> > planning a
> > release of Wealth Transfer Planning, which is SmartWords with a custom
> > module to do estate planning laid over. You can still use SW as you
> > would
> > use Xywrite, but the code is over 2 years old at this point, and still
> > 16
> > bit. The group in Texas does not plan to move to 32-bit; in fact, they
> > plan
> > to eventually move away from SW entirely. Their interest is in the
> > estate
> > planning stuff.
> >
> > chris
> >
> > ----- Original Message -----
> > From: "Harry Binswanger" 
> > To: 
> > Sent: Wednesday, August 06, 2003 4:20 PM
> > Subject: Re: Who Owns Source Code When a Company Folds?
> >
> >
> >> Re this question: why is software any different from any other asset
> >> of
> > the
> >> company? The creditors of a liquidated company are well defined in
> >> bankruptcy law, no?
> >>
> >> And did TTG dissolve or declare bankruptcy or what?
> >>
> >> Harry Binswanger
> >> hb@xxxxxxxx
> >>
> >>
> >
>
>