Sign up for the editor's
weekly newsletter
- Sweden edition
- Change edition:
- France |
- Germany |
- Norway |
- Switzerland
Reader Offer
February 14, 2012
Pirate Bay buyer faces bankruptcy
Published: 18 Sep 09 19:10 CET | Double click on a word to get a translation
Online: http://www.thelocal.se/22158/20090918/
A creditor of Global Gaming Factory X, the potential buyer of The Pirate Bay site, has asked a court in Stockholm to declare the company bankrupt.
- Supreme Court denies Pirate Bay right to appeal (1 Feb 12)
- Dutch court orders ISPs to block Pirate Bay (12 Jan 12)
- '500,000 Swedes' risk jail time for filesharing (30 Dec 11)
Global Gaming Factory X was due to pay Advatar System 1,378,525 kronor ($200,204) by July 25th this year - a debt which today remains unpaid.
Johan Sellström - a former board member of the Global Gaming Factory X and Advatar Systems' Managing Director - is reportedly now tired of chasing the overdue debt. The suit states that "the debtor canot legally pay its debts, and such incapacity cannot be regarded as 'temporary'."
Global Gaming Factory X's ambitious plans to acquire Pirate Bay now seem likely to be put on hold due to question marks over the company's lack of capital.
Stockholm district court will hear the case in November, according to a spokeswoman at the court.
Global Gaming Factory has been in trouble since August 21st when trading of its shares was suspended after it was accused of financial irregularities. On September 10th, the company was kicked off equity market Aktietorget when regulators concluded it had misled investors with claims that it was set to buy Pirate Bay.
Media reports have suggested its announcement on June 30th to buy the site was merely a bluff to boost its share price.
What do you think? Leave your comment below.
Fark It!
Digg This
Share everywhere
Send to a friend
Printable version
Twitter ThisToday's headlines
Four held for murder in Malmö
New witness statements have led to the arrest of four men in connection with the fatal Malmö shooting of a 19-year-old man in August last year. READ »
Prisoner reports jail after waiting for loo roll
A man held in custody in Gothenburg, on western Sweden, has reported the detention centre to authorities after it took two hours for toilet paper to be delivered to his cell. READ »
Swedish blogger snaps commuting 'macho men'
A Stockholm woman fed up with male passengers on public transport taking up the space of women sitting next to them, has started a blog snapping secret pics of straddle-legged commuters and posting them on the internet. READ (34 COMMENTS) »
Swedish town gives 'Negro Village' new name
A suburb of Mjällby, southern Sweden, known by locals as ‘Negro Village’ for forty years, will be changing its name after a storm of recent attention. READ (12 COMMENTS) »
German 'tourist' living in Gothenburg airport
A 27-year-old German man has been living at the Gothenburg Landvetter airport for two months having no wish to return to Germany and nowhere to go in Sweden. READ (12 COMMENTS) »
Dramatic rise in dementia numbers in Sweden
Every second Swede is at risk of developing dementia, according to a new study from Umeå University, which concentrated on the 85+ population in northern Sweden. READ (2 COMMENTS) »
Masked man raped cyclist in Malmö park
After a 28-year-old woman was pulled off her bicycle and raped by an unidentified assailant in Malmö over the weekend, and police are fearing it could be the work of a budding serial rapist. READ (17 COMMENTS) »
Narcolepsy victims in new compensation bid
Families of children in Sweden suffering from narcolepsy caused by vaccination for the swine flu can expect some form of compensation, Swedish health minister Göran Hägglund said on Sunday in response to new calls for help from parents. READ (1 COMMENT) »
More Science & Technology
- 13/02 Narcolepsy victims in new compensation bid (1 comment) »
- 12/02 Sweden approves medical 'marijuana' (19 comments) »
- 11/02 More snow set to blanket much of Sweden (6 comments) »
- 11/02 Sweden to blast fresh blood into space (9 comments) »
- 09/02 'Drunkorexia' on the rise in Sweden: report (9 comments) »
- 09/02 Two Swedes arrested for sex crimes in New York (42 comments) »
- 06/02 Outage leaves Swedish town without any heat »
- 06/02 Agency to cancer victim: 'go to social services' (11 comments) »
- 05/02 Air pollution worse than smoking mother: study (9 comments) »
- 04/02 Hackers mount Swedish government cyber attack (3 comments) »
20 things to know before moving to Sweden
As diverse as Sweden is, there are a few societal norms that are distinctly Swedish. Understanding a handful of them will hopefully prepare you culturally before you relocate. When you're invited home to a Swede, you better be on time and take your shoes off, writes expat Lola Akinmade-Åkerström. Read more »
How far can English take you in Sweden?
Sweden is a country where almost everyone can speak English. So why bother to learn Swedish? Edina Varnagy from Hungary managed with English for a whole year but then found that Swedish could open doors – to a job, a social life and greater understanding. Read more »
Find a new job in Sweden now
| 14/02 | Senior HR Generalist to MathWorks Want AB |
Stockholm Norrort |
| 14/02 | Klarna's Summer Internship 2012! Klarna |
Stockholm |
| 14/02 | Test Environment Engineers - WCDMA and LTE Ericsson |
Stockholm |
| 14/02 | Operations Live Maintenance Engineer EA DICE |
Stockholm |
| 14/02 | Passionate about Operations? Welcome to Klarna! Klarna |
Stockholm |
| 14/02 | System developer within Q&A (Java och C) in Mid Sweden Qwork AB |
Karlstad |
Blog Update: Julie's Nordic Island
"The ice dripped in the winter sun. It was the first day when the light had been intense enough to cause dripping in the sunlight. To hear it was an extraordinary wakeup call. The cycle was happening again as it always does, always will (or so we think). I imagined that on my summer island, the bees..." READ »
- 11/2 09:27 Fika Quiz (The Swedish Teacher)
- 10/2 10:47 Reefer Madness (110% LAGOM)
- 07/2 12:55 Queen of Diamonds (The Diplomatic Dispatch)
Highlights
|
|
Swedish word of the day
fin
adjective
Fin means anyhting from sweet to proper. When someone says, Du är så fin it's quite a compliment.
Latest news from The Local in Germany
More news from Germany at thelocal.de
Latest news from The Local in Switzerland
More news from Switzerland at thelocal.ch
Latest news from The Local in France
- 14/02 Moody's threatens France with downgrade »
- 14/02 Sarkozy to announce re-election bid this week »
More news from France at thelocal.fr
Latest news from The Local in Norway
- 13/02 Norway beer makers can't show beer »
- 13/02 Norwegian billionaire to buy 10 oil tankers: report »
More news from Norway at thelocal.no
Blog
New book about Sweden – get to know the country
Sweden – Up North, Down to Earth is a book about Sweden today. A country of natural beauty and open space, and a society focused on equality, human rights and sustainability. Meet regular and astonishing Swedes, supercars and indie rock bands, vampires and royalties.
Buy your copy of Sweden – Up North, Down to Earth from Sweden Bookshop
In cooperation with DoToday
Register
Register now for:
> Free use of noticeboard
> Special discounts
> Weekly news roundup
> Unlimited use of discuss
Jobs in Sweden, in English
512 jobs available
231 new jobs this week
16 new jobs today
- Baseband testers to telecom job in Mid Sweden
- System developer within Q&A (Java och C) in Mid Sweden
- Baseband testers to telecom job in Mid Sweden
- Production leader
- Software Engineer - Anti Cheat
- Test Environment Engineers - WCDMA and LTE
- Test Environment Engineer - WRBS and Aeroflex
- Test Environment Engineers - BTS and Tools
- Operations Live Maintenance Engineer
- Passionate about Operations? Welcome to Klarna!
Noticeboard
Discuss
- 07:40 Need to replace windows
- 07:29 Baseball in Gothenburg?
- 07:24 Irish Girl has just moved to Sweden!
- 05:35 Skattereduktion after buying an apartment
- 00:31 What does that mean?
- 23:26 Pop tarts in Stockholm
- 23:19 Had problems with my boyfriend
- 23:09 Working with no knowledge of Swedish?
- 22:46 Tax deductible for rented property
- 21:04 Which song are you currently listening to?
Counseling in English
Individuals & Couples - Stockholm Beth Rogerson PhD - Clinical, Marriage & Family Therapist
Click or call 08-5580 1266 now
Individuals & Couples - Stockholm Beth Rogerson PhD - Clinical, Marriage & Family Therapist
Click or call 08-5580 1266 now
Doctor of Psychology
Therapy in English in Stockholm Trained in California Individuals & Couples (08) 93 81 48 FREE phone consultation
Visit anxiousorblue.se
Therapy in English in Stockholm Trained in California Individuals & Couples (08) 93 81 48 FREE phone consultation
Visit anxiousorblue.se
Get on the Tennis Court with www.babolatshop.se
The new Online Tennis Store with the largest selection of Babolat Products in Sweden
http://www.babolatshop.se
The new Online Tennis Store with the largest selection of Babolat Products in Sweden
http://www.babolatshop.se
Turning Point Counseling
Turning Point Counselling centre offers the international community of Stockholm a safe space for personal development, counselling and coaching.
http://www.turning-point.se/show.asp
Turning Point Counselling centre offers the international community of Stockholm a safe space for personal development, counselling and coaching.
http://www.turning-point.se/show.asp
Swedish Down Town
Swedish Down Town PR Consulting and Productions is an innovative business company which provides valuable assistance with Public Relations and Communications in the swedish and the international market.
www.swedishdowntown.com
Swedish Down Town PR Consulting and Productions is an innovative business company which provides valuable assistance with Public Relations and Communications in the swedish and the international market.
www.swedishdowntown.com
The Local's new Marketplace
Find products and services that are specifically focused on English speakers living in Sweden!
FULL DETAILS
Find products and services that are specifically focused on English speakers living in Sweden!
FULL DETAILS
English Speaking Therapist Stockholm
British-Australian Male Counsellor. Counselling Therapy for Depression, Mental Health, Sex, Relationship & Expat Issues
08-559 22 636 or CLICK HERE
British-Australian Male Counsellor. Counselling Therapy for Depression, Mental Health, Sex, Relationship & Expat Issues
08-559 22 636 or CLICK HERE
Your comments about this article:
The comments below have not been moderated in advance and are not produced by The Local unless clearly stated. Readers are responsible for the content of their own comments. Comments that breach our terms and conditions will be removed.