A history of the Amiga, part 11: Between an Escom and a Gateway

Commodore International declared itself insolvent on April 29, 1994 under Chapter 7 of US bankruptcy law. Ordinarily, this would have been followed immediately by an auction of all the company’s assets. However, Commodore’s Byzantine organizational structure—designed to serve as a tax shelter for financier Irving Gould—made this process far more lengthy and complicated than it […]