maemo.org - Talk - View Single Post - Jolla Tablet Refunds (latest developments)

IlkkaP	2015-12-10 , 13:55
Posts: 48 \| Thanked: 128 times \| Joined on Dec 2009	#2647

Originally Posted by Copernicus

What I'm getting from Google Translate appears to indicate that Jolla is having trouble from creditors trying to get their money back, and that they've requested protection from the court. And it appears that they've gotten that protection, from the last paragraph. Here's what Google says that they said:

That is basically correct. Jolla has filed for debt restructuring, but the filing has not been processed by the court yet. Jolla has stated to the court that active debt collection would bankrupt the company, and for that reason filed for a temporary restriction for debt collection and other debt recovery procedures. The court has approved the temporary restriction until the debt restructuring filing has been granted or rejected by the court.

The debtors include State Treasury and an employment pension company, among others. Those who pre-ordered and paid the tablet are creditors, too (but not the crowdfunders, I suppose).

Last edited by IlkkaP; 2015-12-10 at 14:02.