RE: Yes Sirit DidSirit is certainly the wrong example to use. In that particular case the creditor that pulled the plug on SAMsys was also an investor in Sirit...which would lead some to believe there were other factors at play.
In a nutshell, the move allowed the SAMSys creditor to get his money back, or at least offer a better chance to get his money back, via his investment in Sirit, and perhaps in a management in which the creditor had more confidence in.