Software distie ordered to pay piracy damages, goes titsup
Debts of £1m-plus
UK software distie Infinite Global Solutions has been forced into liquidation with debts of more than £1 million.
The liquidation follows a court order to pay Microsoft an undisclosed damages settlement in relation to Infinite Global Solutions' dealings in counterfeit and illegal software. It is unclear to what extent this court order played a part in the collapse of Infinite Global Solutions.
The collapse of the business follows a creditors meeting on January 12 when a decision was made to pull the plug on the Ilford-based firm. Southend-on-Sea-based bankruptcy and insolvency practitioner Begbies Traynor has been given the job of winding up the business.
Amanda Price of Begbies Traynor confirmed it is handling the liquidation of Infinite Global Solutions. The failure of the business means the loss of 20 jobs.
Begbies Traynor told The Register that there were numerous reasons for the collapse of the business. It wasn't immediately able to explain what these problems were.
The failure of Infinite Global Solutions comes as a blow to its many customers and suppliers that were owed either products or money by the company.
We're told customers and suppliers became concerned about the company just before Christmas, when the Ilford-based firm’s phones were not being answered and its Web site became unavailable.
One disgruntled customer reported, "At our busiest time of the year, this was the last thing we needed. I have paid for an order that has simply not been delivered to me. I doubt whether I will ever see either the software or my money now."
An Irish distributor has also been left heavily out of pocket: "Infinite Global Solutions were ordering from us right up until the day they vanished. They must have known that this was going to happen. Now we are owed tens of thousands of pounds," he said. ®