PeaNut 395,153 October 2008 Posts: 10,537 Layouts: 139 Loc: Here
Posted: 5/2/2013 8:29:15 AM
Queen and Co
My Mind's Eye
and many more!
I doubt several of those scrappy companies will be able to afford to lose $25,000 - $250,000 that they are owed by Archivers and stay open themselves - through no fault of their own! They chose in good faith to do business with Archivers and now they have to try to eat HUGE (to them) losses while Archiver's gets to restructure to stay afloat!
I don't think they'll make out so badly. Archivers needs to have suppliers going forward, it won't want to screw these vendors because if they do they won't be able to stock their products going forward!