Comment by hshdhdhj4444
1 day ago
If Delta was going bankrupt it would likely be able to sell individual planes for the depreciated book value or close to it.
If a software company is going bankrupt, it’s very unlikely they will be able to sell code for individual apps and services they may have written for much at all, even if they might be able to sell the whole company for something.
The other half of the quote about liability is that the capabilities of the code are an asset. I don’t know if your bankrupt company would be able to sell their code, but they sure as hell couldn’t sell their capabilities without the code.