Web Hosting Strategies
Analysis and review of the web hosting and managed services industry by Doug Kaye.
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How To Protect Your Company When Your Service Provider Goes Broke. "There it is on the front page of the business section: One of your suppliers just filed for bankruptcy. Your phone rings off the hook. Your CEO asks, 'What happens now?'...If your supplier declares bankruptcy, you lose the right to terminate the agreement unilaterally, which will interfere with your ability to find another supplier, and your supplier can terminate the agreement on little notice without providing you any termination assistance." A short but must-read article by two experienced bankruptcy attorneys. [Source: Outsourcing Center]
Posted Tuesday, November 05, 2002 11:05:30 AM
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