There were a few things that were hard for me to follow in this article:
1. If the company was worth $1B before as X before selling it to Y, wouldn't Y+X be at least worth $1B?
2. If L&H made fraudulent claims, why not make a claim against L&H to recover the software, brand, intellectual property? According to the Wikipedia page (http://en.wikipedia.org/wiki/Lernout_%26_Hauspie) their software ended up being bought by Nuance (Siri).
1. If the company was worth $1B before as X before selling it to Y, wouldn't Y+X be at least worth $1B?
2. If L&H made fraudulent claims, why not make a claim against L&H to recover the software, brand, intellectual property? According to the Wikipedia page (http://en.wikipedia.org/wiki/Lernout_%26_Hauspie) their software ended up being bought by Nuance (Siri).