"Roland Perry" wrote in message

In message
,
at 05:59:59 on Fri, 17 Jul 2009, MIG
remarked:
Leave The Market to sort everything out in everyone's best interests.
The Market is a benign force for Good, unlike Regulation, which is
Evil.

So you'd prefer that all NXEC's customers lost their money (tickets
bought in advance etc) if they cease trading?

Obviously that won't happen, but I wonder what the exact mechanism for
the transfer will be? Will the new DfT ECML operating company simply
take over NXEC, complete with all its staff, leases, assets, contracts,
etc, or will there be some messy transfer of all of these to the new
company?