Hopefully Wright didn't commit suicide because of his inability to fulfil these kickstarter orders.
If he did, it shows a failing of the bankruptcy system. Individuals obligations to a company should never be such that they have no way out.
If he did, it shows a failing of the bankruptcy system. Individuals obligations to a company should never be such that they have no way out.
I can’t imagine the pressure to keep things going. And when there’s no money anywhere, one on your main craftsman has died and the other one is off sick, the Kickstarter bsckers are hassling you and you have quality issues across your business, it might look like there’s no way out.
Administration, might be exactly what this company needs. Remembering that there are lots of people's livelihoods at stake here apart from the owners, this might be what allows them to ditch their debt and invest in some modern equipment. It seems to me that keeping the hand fitting element in place, but working from much more complete blanks would make scissors that are just as good, but a company that is much more profitable.