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Re:Ask HN: If Evernote goes out of business, what happens to... by halleym on Tuesday November 24, 2015 @09:26AM (#10620834)
I've been thinking about this lately. It would be difficult, but I think legislation against this scenario should be an immediate concern.

It's like Snapchat; the whole premise of security disappears when the user realizes they can take a screenshot.

A company can go bankrupt and sell off all user data, in raw form or otherwise, regardless of the agreement under which they collected it.

Huh.

Re:Ask HN: If Evernote goes out of business, what happens to... by finance-geek on Tuesday November 24, 2015 @02:25PM (#10622942)
Is that really the case? Would liquidation take priority over contracts (EULAs in this case) -- I wonder what happened when St. Vincent's Hospital went bankrupt...were all the medical records sold off to the highest bidder(I dont remember hearing about that?)