They're not BANKRUPT, RATHER CHANGING OWNERSHIP, FILING FOR PROTECTION IS STANDARD PROCEDURE.
Ooops caps lock

Before a post like this gets out of hand, people should understand that Bankruptcy Protection in NO way means they are going bankrupt. A&B Sound IS NOT BANKRUPT, they are NOT going out of business. This is a procedure that almost all companies do when buying a another company (in the states it's called Chapter 11). When a company is sold, creditors(Sony, Alpine, ETC) can get nervous and demand that the company pays what they owe, well if a good number of the companies creditors do this the company might not survive. This protection prohibits these creditors from doing this to A&B Sound while they fix everything that has made the company lose money. Once this protection is "lifted" they still owe their creditors their money and business returns back to normal.

too bad.

**it happens.