Purely curiosity on my part as it was never likely that I was going to be able to make use of J&C, being U.K. based, but the press release raises more questions than answers.
As it operated several months ago without, I assume, any threats from suppliers or frivolous lawsuits, what has prompted these?
I thought that it closed down in order to re-open, as a bigger and more comprehensive company and couldn't logistically or financially continue to operate its then current business while trying to set up the new outfit.
Presumably the extra cash and other resources were guaranteed before it closed down, otherwise why give up a successful business and take a big hit cashflow wise unless such guarantees were in place?
I am sure I am missing something or many things here but I cannot construct a scenario of how the circumstances which has prevented re-opening taking place have come about.
There may be rivals who will be unhappy at the prospect of renewed competition but what lawsuits does the U.S. law allow which authorises what I can only assume to be a form of restraint of trade in the broadest sense of the word?
There are a lot more questions than answers at this point.
pentaxuser