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Restart after bankruptcy, IT handover checklist

The administrator decides what you can take. Until that agreement is signed, everything belongs to the old entity, including the mailbox.

Try this first

  1. 1Do not log into old systems until the administrator gives formal permission. Otherwise you are legally in the wrong, however awkward when business needs to keep moving.
  2. 2With the administrator make a list of what transfers: domain names, mailboxes, customer data, source code, licences, hardware. Do not assume it all moves automatically.
  3. 3As a new entity, register your own domain, your own mail tenant, your own accounting tenant. Do not build on top of the old tenant, which is tied to the bankrupt party.
  4. 4Tell customers explicitly that the restart is a new legal entity with a new bank account, new IBAN, possibly a new email address. In writing, not just verbally.
  5. 5Set forwarders on the old domains only after the administrator has signed the handover. Until then those domains are not yours.

When to bring us in

A restart almost always needs a serious conversation with your accountant and legal counsel, and we will join in. The IT side is rarely the hardest part; the legal timing around data and customer relationships is.

See also

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