But it’s not the company itself putting those assets up for sale. It’s the court-approved or court-appointed bankruptcy trustee of that company, executing transactions approved by the court. That’s why bankruptcy has to go through court, but it also provides a level of immunity (commonly called “exculpation” in bankruptcy cases) to the individuals actually doing the things ordered by the court.
If it’s illegal to do, a court shouldn’t be ordering it, so the affected people should have to fight the court order before it happens. But it’s not illegal to sell anonymized user data like this, and not illegal to sell employee work-related data, either, in the U.S.
But it’s not the company itself putting those assets up for sale. It’s the court-approved or court-appointed bankruptcy trustee of that company, executing transactions approved by the court. That’s why bankruptcy has to go through court, but it also provides a level of immunity (commonly called “exculpation” in bankruptcy cases) to the individuals actually doing the things ordered by the court.
If it’s illegal to do, a court shouldn’t be ordering it, so the affected people should have to fight the court order before it happens. But it’s not illegal to sell anonymized user data like this, and not illegal to sell employee work-related data, either, in the U.S.