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Pirate Bay Buyer Sued For Bankruptcy

Posted by Soulskill on from the thanks-for-playing dept.

pharazon writes "Global Gaming Factory (GGF), the prospective buyer of file-sharing site The Pirate Bay, has been sued in the Stockholm District Court for bankruptcy due to an unpaid debt of up to 1.4 million SEK (Swedish Crowns, roughly 200k USD). The issuer is GGF's trading partner, Advatar Systems. GGF was recently de-listed from the Aktietorget.se equity market due to financial and reporting failures, but was able to re-list later. The Swedish Tax Office was also claiming large sums of unpaid taxes from the owners of GGF. The discussion in the Swedish media has been skeptical about the Pirate Bay deal due to financing issues."

4 of 102 comments (clear)

  1. Re:Pirate Bay is dead. by Anonymous Coward · · Score: 5, Funny

    Your local retailer?

  2. Sue them for every penny they're worth! by Anonymous Coward · · Score: 1, Funny

    Oh wait...

  3. Re:Euro by Anonymous Coward · · Score: 1, Funny

    I picked up on your sarcasm and agree with you; he should have provided conversion into Bhutanian Ngultrum.

  4. Ahoy, me hearty! by Memroid · · Score: 2, Funny

    T' me,
    Yo, Ho, Yo, Ho,
    It's "Talk Like A Pirate" Day!
    That time in September when sea dogs remember
    That grown-ups still know how ta play!
    When wenches are curvy and dogs are all scurvy
    And a soft-wear patch covers your eye,
    Ta hell with our jobs, for one day we're all swabs
    And buccaneers all till we die!

    So hoist up the mainsils and shut down your brain cells,
    They only would get in the way,
    Avast there, me hearty, we're havin' a party,
    It's "Talk... Like... A Pirate" Day!