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Comment In danger of losing their IP and assets... (Score 1) 1125

From Wikipedia.org: link: Steorn

"According to information available from the Irish Companies Registration Office, Steorn has not filed accounts since October 28, 2004. Under current Companies Registration Office practice strike-off procedures could begin against Steorn by the end of October 2006. A strike-off would have serious consequences, such as the loss of Steorn's limited liability status. Furthermore, any assets of the company, including any patents or other intellectual property, would become the property of the Irish State."

Link to Ireland's Companies Registration Office "strike off" policy.

This could mean curtains for these guys...

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