Quote Originally Posted by AgX View Post
To be fair, the term bancrupsy has a different meaning internationally. The german legislation names continuity of company activity as the alternative aim to dissolving company assets.
For all the US readers, continuing company operations is most similar to our "Chapter 11" bankruptcy, where debt and other liabilities can be restructured or eliminated in order to allow the company to continue to operate, versus liquidation of company assets to satisfy the creditors, which would be like "Chapter 7" bankruptcy in the US.

I don't read/speak any German, and I sure don't know anything about German bankruptcy laws, so I have no idea which way Jobo is going on this.