Disqus
It’s a pretty bold move to take legal action against that which gave life to you. In a move that amounts to a temper tantrum from a spoiled child, belly-up BenQ Mobile is suing once-parent BenQ for $36 million. The money is said to have been approved by BenQ to pay executive bonuses, just before BenQ just pulled the cash-plug.
This is the third lawsuit filed by BenQ Mobile against BenQ since July, all relating to BenQ Mobile’s demand for more cash. Apparently, when a parent cuts off a troubled child, they still have legal recourse to get more money. Maybe BenQ Mobile should have actually worked to pay its bills. And, maybe it shouldn’t have squandered all their money paying their top-level execs.
In the end, BenQ Mobile is bankrupt, so making good on their accounts payable seems like a “good faith” move – which we completely agree with. However, suing to get funds to pay executive bonuses seems a bit silly. The company went belly-up, that’s certainly nothing to reward management for. Maybe they’re “successfully bankrupting a company”-bonuses. Or, wait, they must be “insider trading and money laundering“-bonuses. Yea, that‘s the ticket!
[Via: PCWorld]
About The Author
Will Park
Will hails from The City of Angels - Los Angeles, California. He spends his time playing with his numerous gadgets and looking forward to seeing what future holds for mobile technology. An avid promoter of a fully "digital" life, he promotes the widespread adoption of truly mobile, paper-less living. He dreams of the day when he can go completely digital. No more snail mail, paper receipts, bound books, notepads/spiral notebooks, credit cards, hard currency. He's a digital warrior - fighting for the converged life. He is an idealist and a realist - he has a perfect view of what the world should be but knows that the world is not perfect. Can we ever hope to see Will's dream become reality? We'll see...
