@jtmarsh I just don't understand what Ad Populum is getting out of the purchase. I get that they could have had no intention of keeping parts of the Diamond umbrella going, but I don't understand what value they are getting from letting it all fail. I understand the scenario where they bought all 3(?) companies even though they were really only interested in one or one part of one because the companies were sold as a package. Then they would close the ones they're not interested in. Maybe they were expecting the distribution stuff to go better than it has so far? I assume they are more deliberate in their actions, though.

Is there a value in letting a company close? Maybe they are expecting the products they now own in the warehouse will sell for more than the $17 million they paid? I guess there could be over that much in merchandise that they now own. 

I don't know much about other bankruptcies, but this one seems incredibly messy.