What do you mean they aren't required to pay?I think they would be obliged to repay that cash in such a circumstance as they would not longer be able to deliver on the purpose for which it was donated. Surely that must be some sort of breach of terms of crowdfunding?I think we're seeing the line they crossed.
I'm wondering if this meltdown isn't part of the game? They make reconciliation with CBS impossible, throw up their hands at how evil CBS is and walk away with whatever cash is left.
Actually their not required to pay.... of course donors could file a class action lawsuit against the prinipcles and try to reclaim funds that way, but I imagine once CBS gets done with them, the stone will be wrung dry...
So you're saying that anyone who funds a kickstarter is throwing money away without any return because people can then just walk away with the money if they decide? That can't be right. Looking at Kickstarter's terms it says promises must be fulfilled.
If Axanar goes bankrupt that, at the very least, they would surely be entitled to become creditors in such proceedings and the trustee in bankruptcy would seek to recover what it could to repay them?