This link pretty much covers it.
This is a bankruptcy, an ordered re-ordering of a company. It is a well practiced procedure. Everyone will get hurt, though the non-secured creditors, by law, will get hurt worse, and the equity holders are basically wiped out. This is the way things go.
Except for Chrysler. Where very specific non-secured creditors are actually getting ahead, and secured creditors are getting something else.
Rumor had it that HP had given Chrysler a sweetheart deal on their last cluster. Basically free for a year, and they could give it back, no questions asked, if they couldn’t pay.
I think what this bankruptcy suggests is that vendors are going to be pushing and pitching HPC as a service. Pay as you go. Every month. Because this limits risk of non-payment to a monthly bill.
We are starting to work with a number of these sorts of vendors. Will have DragonFly fully adapted to them. Should be interesting.