Forum adverts like this one are shown to any user who is not logged in. Join us by filling out a tiny 3 field form and you will get your own, free, dakka user account which gives a good range of benefits to you: No adverts like this in the forums anymore. Times and dates in your local timezone. Full tracking of what you have read so you can skip to your first unread post, easily see what has changed since you last logged in, and easily see what is new at a glance. Email notifications for threads you want to watch closely. Being a part of the oldest wargaming community on the net. If you are already a member then feel free to login now.

Kilkrazy wrote:Well, is it bankruptcy? Have creditors gone unpaid, or has Rackham successfully traded out of its bad position and put together a viable new structure?

The new investor/partners got the company out of 15 months of bankruptcy(generally in France you have 6 months to make your case, can get a 6 month extension, R got an additional 3 months beyond that, too, to make a viable case to stay open and protected from creditors).

IMO, it sounds like a bankruptcy shell game. Rackham is moving the IP to a separate licensing company so that, "if" (haha, *when*) they go under, the IP is protected from creditors.

Be warned, your are walking on legaly dangerous ground with such accusations.

Besides from this, they did not do a Phoenix, like what happened to Target (aka I-Kore aka Harlequine, etc.).

Creditors have not been left unpaid and btw this is closer to what GW did when they became a big player. Before it they were on shaky ground, only with the money of banks and investors they were able to move forward.

@bankrupcy

They were under protection, not in bankrupcy mode, french and english law are quite different.

Duncan_Idaho wrote:

IMO, it sounds like a bankruptcy shell game. Rackham is moving the IP to a separate licensing company so that, "if" (haha, *when*) they go under, the IP is protected from creditors.

Be warned, your are walking on legaly dangerous ground with such accusations.

Really?

You aren't overreacting a tad here, are you?

Platuan4th wrote:

JohnHwangDD wrote:IMO, it sounds like a bankruptcy shell game. Rackham is moving the IP to a separate licensing company so that, "if" (haha, *when*) they go under, the IP is protected from creditors.

Acquiring a new partner and investing firm, disbanding your company, then forming a whole new company is a shell game now?

Did they say that the were disbanding the original company? I didn't see that in the English.

As a new investing partner, I want to protect my investment. Therefore, I demand that we form a new company to take on all of the IP assets. This company sells / licenses IP to the production company under favorable terms. No matter what happens, no creditor can touch the IP that I paid for. It's very simple and very common, and something that every IP-based company *should* be doing...

Duncan_Idaho wrote:

IMO, it sounds like a bankruptcy shell game. Rackham is moving the IP to a separate licensing company so that, "if" (haha, *when*) they go under, the IP is protected from creditors.

Be warned, your are walking on legaly dangerous ground with such accusations.

They were under protection, not in bankrupcy mode, french and english law are quite different.

Oh, really? :S :S :S

How about you specify what the danger is, and precisely what I've accused that runs afoul of the law?

The way I see it, there are two possibilities:
1. The investing company is smart and set up a shell to properly protect the IP investment
2. Rackham continues to be mis-managed and has left their IP exposed

If they were under protection, then actual insolvency was imminent. Otherwise, you don't seek bankruptcy protection from creditors.

Really?

You aren't overreacting a tad here, are you?

That´s normal law. If you accuse a company of doing something like a phoenix, than that´s accusing them of something that, if true, can cause some people of the company to go to jail or at least pay a hefty fine. If the accused did not do such thing, you are distributing rumours that could hurt their business. Some companies like GW react very agressive when confronted with such behaviour. Rackham up until now did not care much. But with the new structure of the company, who knows...

It´s just a friendly hint by me to be more careful.

And again, french protection program is completely different from the american Chapter system.

Duncan_Idaho wrote:Some companies like GW react very agressive when confronted with such behaviour.

GW made legal moves against an internet forum poster? When? Never!

Internet Court is gonna get ya!

They forced a german forum to go offline because they did not like what happned there and that´s only on instance. Also folks being stupid enough to release playtesters stuff on forums got visited by lawyers. A non-disclosure agreement is standard when such things happen and probably most people don´t parade arround that because of their own behaviour they got sued.

Duncan_Idaho wrote:That´s normal law. If you accuse a company of doing something like a phoenix, than that´s accusing them of something that, if true, can cause some people of the company to go to jail or at least pay a hefty fine. If the accused did not do such thing, you are distributing rumours that could hurt their business. Some companies like GW react very agressive when confronted with such behaviour. Rackham up until now did not care much. But with the new structure of the company, who knows...

Did I accuse them of doing anything illegal? No.

I suggested that they had done something *smart* (and legal).

And I made no statements of fact, just supposition, so it's not rumor-mongering.

If you're going to call the Internet Police, try to get a rock to stand on.

Or maybe, I should call the Intarwebz Cops on you, for being foolish!

Duncan_Idaho wrote:They forced a german forum to go offline because they did not like what happned there and that´s only on instance. Also folks being stupid enough to release playtesters stuff on forums got visited by lawyers. A non-disclosure agreement is standard when such things happen and probably most people don´t parade arround that because of their own behaviour they got sued.

IP theft? Not even in the same ball park as making scurrilous accusations on the internet and you know it. If I posted material in breach of an NDA on a website any company would come down on me like a ton of bricks not just Rackham or GW.

IF JohnHwangDD was making Jean Bey voodoo dolls you'd nearly have a point. As it is you don't.

Tough crowd on this forum being a new guy here I was warned this can be a rough place!

Kinda like being a Hindu at the Vatican!
LOL!

Saint Anuman wrote:Tough crowd on this forum being a new guy here I was warned this can be a rough place!

Kinda like being a Hindu at the Vatican!

In my experience, it's always more like being Bernie Mac in a Klan meeting, but the general principle stands.

Yeah, i've been comign here a lot longer than the R forums, and it's still like being pushed into a bear-pit.

Well if Rackham is foing straight Website Direct ordering they better get a US shipping center. I went just yesterday and was looking at ordering a SINGLE FIGURE and they wanted $20 shipping, and more if you wanted faster than 7-10 days. I know it's expensive to ship overseas so it makes sense but if they want to sell to us "yanks" they better figure out a way to reduce shipping to what we are used to seeing for domestic shipping.

I hope no-one feels too unwelcome.

Dakka has a rep for straight talking no BS, so if you make a sweeping statement you'll often be called to back it up with facts.

On the plus side there are a lot of knowledgeable players of GW and other games, and lots of good advice on the modelling and painting aspects of wargaming.

The Moderation policy is to prevent personal abuse, swearing and -isms generally. Please make use of the Mod Alert button if you need to.

Muggzy wrote:Well if Rackham is foing straight Website Direct ordering they better get a US shipping center. I went just yesterday and was looking at ordering a SINGLE FIGURE and they wanted $20 shipping, and more if you wanted faster than 7-10 days. I know it's expensive to ship overseas so it makes sense but if they want to sell to us "yanks" they better figure out a way to reduce shipping to what we are used to seeing for domestic shipping.

I'd just wait a bit. They'll have one, or more, US distributors moving their product quite soon.

Hey Mike sent you a pm good to see ya!

Agamemnon2 wrote:

Saint Anuman wrote:Tough crowd on this forum being a new guy here I was warned this can be a rough place!

Kinda like being a Hindu at the Vatican!

In my experience, it's always more like being Bernie Mac in a Klan meeting, but the general principle stands.

What about Dave Chapelle hosting a Klan meeting?

JohnHwangDD wrote:

Agamemnon2 wrote:

Saint Anuman wrote:Tough crowd on this forum being a new guy here I was warned this can be a rough place!

Kinda like being a Hindu at the Vatican!

In my experience, it's always more like being Bernie Mac in a Klan meeting, but the general principle stands.

What about Dave Chapelle hosting a Klan meeting?

Or being the requisite Nigerian at an all white university?

Methinks you haven't seen that sketch on the Chapelle Show?

JohnHwangDD wrote:Methinks you haven't seen that sketch on the Chapelle Show?

Methinks you haven't seen the stand up about requisite Nigerians at every US University that's older than the Chapelle show and was also aired on Comedy Central.

Being on Daka is like being a frog or snail in France....

Being on dakka is great because you get the extremes of biased and unbiased comments without BS. Black and white with no boring grey!

back on topic.

yamaneko an user on rackham forums PM'd Jbey about the metals and he got the following reply.

I got a PM reply from Mr. Bey about the metals.

Quote:
Yes, Rackham Entertainment will continue to produce and restock, new models and the existing metal miniatures. This new venture have the capacity to produce regulary all the necessary restock on the missing models, and we are working actually on restocking lots of missing items.

We will do even more for those who like painting their minis (but details will be on the upcoming Rackham Entertainment games and shedule announcement).

Have a good day,

Jean.

These are the news I was waiting to hear for 2 years... lets wait and see what's sheduled for the painter community.
Good news.

Yeah, good to hear they're planning a US distribution. No way am I ever ordering from overseas.

And good to hear they plan on keeping up with the metals.Thats about the only reason to buy from Rackham.

NAVARRO wrote:Being on dakka is great because you get the extremes of biased and really biased comments without treating others like they're part of the same species as you. Black and white with no boring intellectual discourse!

Fixed your typos.

So fixing typos is your bright idea of "intellectual discourse"?

Great!

NAVARRO wrote:So fixing typos is your bright idea of "intellectual discourse"?

Great!

Actually it was a joke. Not that I should have expected you to get it. You can't figure out when a game is dead.

NAVARRO wrote:So fixing typos is malfred's idea of "Internet based procrastination"? Great!

Why yes, it is. Thanks.

Scottywan82 wrote:

NAVARRO wrote:So fixing typos is your bright idea of "intellectual discourse"?

Great!

Actually it was a joke. Not that I should have expected you to get it. You can't figure out when a game is dead.

Wow!

Throw gas on fires much?