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What happens if RedTie Ltd should go into receivership?

April 26, 2017happens receivership redtie

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What happens if RedTie Ltd should go into receivership?

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A. RedTie Ltd is in Escrow (Escrow is a legal arrangment into which an asset is deposited into the trust of a third party agent). This means should anything happen to RedTie you would have access to the software. It is common practice for software companies to follow this approach. In addition to this RedTie Ltd pays for the servers in advance giving you adequate time to contact Escrow etc. For further details please contact Redtie Ltd.