Comment Re:It's one option (Score 1) 296
From what I know, MandrakeSoft's filing is very similar to a U.S. Chapter 11. The announcement says:
" This reorganization of liabilities enables MandrakeSoft to continue its current operations, which are showing increases in revenue and significant decreases in expenses. [...]
Following this filing and with the support of the court via a court-appointed Administrator, MandrakeSoft will be protected from its creditors, renegotiate its liabilities and prepare a continuation plan to be approved by the French Court in the coming months."
BTW - Mandrake 9.1 Beta 2 was released today!