September 1st, 2009

SSuiseiseki

Another one bites the dust?

gohanvox posted a link on Facebook to this article from ANN about ADV closing down after transferring its assets and intellectual property to several other companies. The article is confusing. It doesn't say whether ADV is going into Chapter 7 or Chapter 11, or whether this is just a quiet going out of business with the creditors getting the useful parts of the company. I hope this doesn't hurt my VA friends' prospects any worse than they already are.
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