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# SellaBand Issues Statement on Bankruptcy
- URL: https://www.hypebot.com/sellaband-issues-statement-on-bankruptcy/
- Published: 2010-02-23T13:16:57.000Z
- Updated: 2010-02-23T13:16:57.000Z
- Description: The message on the front page of SellaBand's website has changed from "down for maintenance" to an explanation of the bankruptcy filing story which Hypebot broke this morning. On Friday. Continue reading [https://www.hypebot.com/hypebot/2010/02/sellaband-issues-statement-on-bankruptcy.html]
- Author: Bruce Houghton
- Tags: Uncategorized, #wp, #wp-post, #Import 2026-01-21 11:03

The message on the front page of SellaBand's [website](http://www.sellaband.com/?ref=hypebot.com) has changed from "down for maintenance" to an explanation of the [bankruptcy filing](https://www.hypebot.com/sellaband-files-for-bankruptcy/) story which Hypebot broke this morning.

[![image from images.google.com](http://hypebot.typepad.com/.a/6a00d83451b36c69e20120a8c93ff7970b-200wi "image from images.google.com")](http://hypebot.typepad.com/.a/6a00d83451b36c69e20120a8c93ff7970b-pi?ref=hypebot.com)

On Friday February 19th, SellaBand AG requested provisional suspension of payments (moratorium). This was granted by the Court in Amsterdam on the same day. Yesterday, Monday February 22nd, this moratorium was changed into bankruptcy, with appointment of, Mr Paul Schaink, an amsterdam lawyer, as trustee. The trustee wishes to inform the 'Sellaband community' that, apart from a few technicalities, the completion of a transaction with a potential buyer of the business, is to be expected soon, in order to make a fresh start, safeguarding both the rights of Believers and Artists. More news will follow shortly.  
On behalf of the trustee,
  
  
Johan Vosmeijer  
CEO SellaBand

**More: [Sellaband Files For Bankruptcy](https://www.hypebot.com/sellaband-files-for-bankruptcy/)**