Tulip Did Not Get Paid for Commodore!
Posted: Mon Nov 02, 2009 9:29 pm
In 2004 Tulip sold the Commodore brand and patents to YMV of The Netherlands. A few months ago, Tulip (now called Nedfield) regained some control of Commodore and the following 2008 press release likely explains how that came about:
http://www.tulip.com/Default.aspx?cms=6 ... 05&art=161
Doorn, 21 April 2008
Tulip Computers N.V. (Tulip) has learned that a declaration was issued on 15 April 2008 for the bankruptcy of Commodore International B.V., a subsidiary of Commodore International Corporation.
In 2004 Tulip sold Commodore International B.V. – wherein are vested the trade marks to Commodore – for € 24 million to CIC and therefore has a claim on CIC. Tulip's claim currently approximates € 20 million.
http://www.tulip.com/Default.aspx?cms=6 ... 05&art=161
Doorn, 21 April 2008
Tulip Computers N.V. (Tulip) has learned that a declaration was issued on 15 April 2008 for the bankruptcy of Commodore International B.V., a subsidiary of Commodore International Corporation.
In 2004 Tulip sold Commodore International B.V. – wherein are vested the trade marks to Commodore – for € 24 million to CIC and therefore has a claim on CIC. Tulip's claim currently approximates € 20 million.