Esportal and Inferno Online platforms will continue to operate for another month. Peter Eriksson, the court-appointed bankruptcy trustee of Esportsal Group AB, has decided that they will remain active until August 24. This news is especially important for players and fans of the platform, given the recent bankruptcy announcement of Esportal's creators.
Last week, the creators of Esportal declared bankruptcy, which caused concern among users of the matchmaking platform. The company's management emphasized that it could not secure the necessary funding to continue its transformation, and the company's overall debt is estimated to be long-term and unsustainable. This means that the group will not be able to cover its current working capital requirements in the short term and is in a state of insolvency that is not temporary.
The company will continue to operate until August 24 while the bankruptcy trustee assesses the value of the platform and various assets. During this period, the servers will remain open and most scheduled activities will continue without interruption.
This decision buys time to evaluate possible ways to further develop or transfer the business. Users of the platform can temporarily breathe a sigh of relief by continuing to participate in matches and events.
However, the future of the platform remains uncertain. Unless a new investor or buyer can be found who can provide the necessary funding, users risk losing access to their favorite platform. This underscores the importance of the arbitrageur's ongoing efforts to find solutions that can keep Esportal and Inferno Online afloat in the long term.
Source: Esportal Group
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