Quote:
Originally Posted by MortonH
So the message is saying that the owner up to 29/10/2013 was "DDP Australia Pty Ltd" but since then it is owned by "Discount Digital Pty Ltd". I guess if the original company has genuinely gone bust then the new one isn't necessarily liable for old orders, but I don't see how they can simply take over the existing business, keep the name and everything else and expect people who happened to get caught out at the wrong time to shrug their shoulders and move on.
You could also consider a campaign to boycott them if they don't honour the old orders. I certainly won't buy from them.
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Hi Morton,
It happens. Check out this link:
http://www.allens.com.au/pubs/pdf/insol/pap4apr07.pdf
They are known as "phoenix companies". See page 2, What are phoenix companies? I have seen this happen a number of times and people have lost their deposits, or not received their goods.
Cheers Pete